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.
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.