Australian Vintage battling strong dollar

Australian Vintage, owner of the McGuigan, Tempus Two and Nepenthe brands, increased sales to the UK and Europe by 9 per cent in the half year to December 31 despite a record high Australian dollar. Australian Vintage’s sales were up 4.4 per cent overall to $116.4 million, a result chief financial officer Mike Noack attributed to the company’s strong performance in Europe, reports The Shout.