Blog

Stay in the know with info-packed articles, insider news, and the latest wine tips.

Xanadu’s growing pains

Aggressive WA-based winemaker Xanadu Wines has reported an increase in sales revenue of 125% to 8.1 million, but a 66% decline in profits to just A$215,000 for the first half of the year. Chief executive Andrew Moore attributes the decline to one-off costs associated with the purchase of Normans Wines and Next Generation Wines in 2002.

Copyright © Jeremy Oliver 2024. All Rights Reserved