Sales in 12 months to end of June increase 1% to AUD260.6m (US$175.2m)Improves on H1's 0.7% sales decline"New market expansion" on the cards, "industry consolidation" still an optionAustralian Vintage has reversed its first-half sales dip, with the financial year to the end of June finishing up - just.The group's 12-month sales improved on H1's 0.7% slip, finishing up 1% on the corresponding period in 2022-23. Having been in the headlines for the wrong reasons in recent months, Australian Vintage hailed the performance today as having been "in contradiction to industry trends".
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