Marlborough Wine Estates

NZ: MWE

NZD$67.5m market cap

NZD$0.23 last close

Marlborough Wine Estates Group (MWE) owns and operates six vineyard blocks located in the Awatere Valley in the Marlborough wine district of the South Island of New Zealand. It sells bottled wine to China, NZ and other markets, as well as bulk wine and grapes to wine producers in NZ.

Investment summary

Marlborough Wine Estates Group (MWE) has a strategy of growing its sales of bottled wines, both in New Zealand and internationally. The global market is strong and the popularity of quality NZ wine is growing. The company is seeing significant increases in New Zealand bottled wine revenues, as well as healthy increases in China and other overseas markets. Its success to date in growing market share has been encouraging and it intends to build further on this strong momentum.

Sector
Consumer
Share price graph
Price performance
%
1m
3m
12m
Actual 0.0 0.0 (8.0)
Relative* (1.8) (7.3) (15.0)
52-week high/low NZ$0.2/NZ$0.2
*% relative to local index
Key management