Australian Vintage has endured a tough financial year but aims for a stronger FY26 with new leadership and an expanding portfolio.
For FY25, the company recorded revenue of $257.2 million, down 1 per cent compared to the prior year. However, underlying earnings showed signs of improvement, with EBITDAS rising to $15 million and net profit attributable to shareholders narrowing to a loss of $6 million, reflecting a notable improvement over the company’s FY24 results.
Despite these headwinds, Australian Vintage remains cautiously optimistic, forecasting “fiscal year 2026 will be a transformational year”.
The company is targeting 5 to 8 per cent revenue growth next year, fuelled by strong early sales of newly launched products and ongoing expansion in international markets.
Poco Vino, the company’s 187ml single-serve wine, has gained significant traction across Australia, the UK, and Asia, prompting an upgrade of FY26 sales projections to $15 million. Meanwhile, Lemsecco, a sparkling blend of Prosecco and Australian citrus, is expected to generate $6 million in net sales.
Australian Vintage also anticipates significant growth in its McGuigan and Not Guilty zero-alcohol wines in the UK, with plans to expand into Canada and the US. The company plans to leverage its recent sponsorship of Cricket Australia and the Ashes series as a key platform to boost consumer engagement, brand awareness, and sales for these labels.
Complementing this growth strategy, the company has strengthened its premium wine portfolio by acquiring international rights (excluding Australia) to the MadFish brand and securing distribution agreements for Howard Park Wines in Europe and North America.
Driving this turnaround is newly appointed CEO Tom Dusseldorp, who took the helm in July following the departure of Craig Garvin.
