Delegat tussles with elevated inventories
While stocks remain high, elevated inventory is expected to have less of an impact on its second second half.
Delegat filed steady results in a challenging market.
Delegat is optimistic an inventory reset that has dampened sales is filtering through as its moves into the second half of its 2024 financial year.
The NZX-listed wine company behind brands such as Oyster Bay, Barossa Valley and Delegat, reported earnings for the six months ended December 31 2023
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