Foley Wines Ltd.NZX: FWL

23 February 2022 - FWL NZX Results Announcement HYE 31Dec21

· Issued by Foley Wines Ltd.

Results announcement

Results for announcement to the market

Name of issuer

Foley Wines Limited

Reporting Period

6 months to 31 December 2021 (Unaudited)

Previous Reporting Period

6 months to 31 December 2020 (Unaudited)

Currency

NZD

Amount (000s)

Percentage change

Revenue from continuing

$30,117

+6.6%

operations

Total Revenue

$30,117

+6.4%

Net profit/(loss) from continuing

$3,534

+37.7%

operations

Total net profit/(loss)

$3,534

+37.7%

Interim/Final Dividend

Amount per Quoted Equity

$ 0.00000000

Security

Imputed amount per Quoted

$ 0.00000000

Equity Security

Record Date

N/A

Dividend Payment Date

N/A

Current period

Prior comparable period

Net tangible assets per Quoted

$1.49

$1.38

Equity Security

A brief explanation of any of the

Other Key Metrics:

figures above necessary to

Operating Profit before revaluations and income tax

enable the figures to be

("Operating Earnings") $4,839 +35.8%

understood

Operating Profit before interest, impairment, revaluations,

income tax, depreciation and amortisation ("Operating

EBITDA") $8,480 +18.9%

This announcement should be read in conjunction with the

attached unaudited Financial Statements for the Six Months

ended 31 December 2021. A copy of the Half Yearly Report

December 2021 can also be found on the FWL web site

www.foleywines.co.nz.

Authority for this announcement

Name of person authorised to

Jane Trought - CFO

make this announcement

Contact person for this

Mark Turnbull - CEO

announcement

Contact phone number

+64 21 714 885

Contact email address

mark@foleywines.co.nz

Date of release through MAP

23 February 2022

Unaudited financial statements accompany this announcement.