Latest Annual Report

Financial Result 2011/12

Peter Lehmann Wines Limited made an after tax loss of $0.52M on revenue of $40.8M for the full year ended 30 June 2012. This compares with an after tax profit of $1.0M and revenue of $45.6M for the prior year.

The Australian market conditions continue to remain extremely difficult, with our branded
domestic sales down 23% in volume and 20% in value, compared with the previous year. Over supply, continued market consolidation and the strong presence of New Zealand white
wine are major factors negatively influencing the domestic scene.

Continued strength in the AUD against our major trading currencies, an increased presence of new world wine producers with lower cost bases, disruption in key markets and general economic conditions post global financial crisis have impacted on performance.  

The full financial statements were audited by KPMG.

Annual Reports

The annual reports provide information about the PLW business through various sections including the Director’s Review, Directors’ Report, 10 Year Financial History, Capital Investment Cycle, Discussion of the Financial Result, Community, Employment, OHSW Management and Environment Report.

An amendment to the Corporations Law allows companies to disseminate their annual reports electronically. PLW will provide information on its website or hard copies on request.

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