Tag: Penfolds
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Man behind famous SA wine named ‘Legend of the Vine’
Overseer of the state’s famous Grange wine – Penfolds chief winemaker, Peter Gago, was named the 2025 South Australian ‘Legend of the Vine’ at the 2025 Royal Adelaide Wine and Spirits Show awards lunch on Friday, cementing his legacy in the state’s wine industry. Gago, who has been chief winemaker at the iconic South Australian…
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Penfolds sales rise but parent company’s profits softer in first half
Penfolds net sales revenue was close to $450 million in the six months to 31 December, up 9.2 per cent, but overall Treasury Wine Estates profit after tax was down 5.9 per cent. The company said the results were in line with expectations, with overall earnings down 5.8 per cent to $289.8 million as a…
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SA shiraz named Australia’s most collected wine
Australia is home to some of the best wine regions in the world, so it’s no wonder the average Aussie appreciates a good glass of red or white. But which one comes out on top? Wine storage provider Wine Ark has named Australia’s top 50 Most Collected Wines of 2023. Penfolds Grange took out the…
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Penfolds’ Barossa workers on strike
About 125 Treasury Wine Estates employees today walked off the job to demand an improved enterprise bargaining agreement. The United Workers Union (UWU) said the workers want a 7 per cent raise in the first year of the deal, a 5 per cent raise in the second, and a further 5 per cent in the…
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South Australia’s bougiest brunch also plays to nostalgia
Magill Estate Restaurant at the Penfolds’ winery has made the jump to brunch, imposing its multi-course fine dining approach on brunch staples. The result has chef Scott Huggins’ renowned care with high-end ingredients, plus a touch of whimsy. At $180 per person, the 11-course brunch – offered on the last Sunday of each month –…
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Penfolds the top drop for Treasury Wine
Treasury says demand for luxury wine remains strong in its key global markets, driving growth in FY23 earnings up by 11.4 per cent to $583.5 million. The firm remains profitable, though its net profit after tax result in the latest financial year was softer, falling 3.3 per cent to $254.5 million. This is largely due…
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Bonjour, Hallo, Ciao: MPs jet off to Europe
In London, Trade and Investment Minister Nick Champion is meeting with global defence companies Rolls Royce and Babcock International in a bid to persuade the companies working on the national nuclear-powered submarine to expand their presence in SA. “Both companies play key parts in the UK nuclear program and are developing their related business strategies…
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Restaurant review: Magill Estate Kitchen
Penfolds: it’s a brand that is intrinsically linked with quality and luxury, fine wines and high-end dining, and, some might say most importantly, brunch. Under the eye of Executive Chef Scott Huggins (who spends most of his time in the adjacent fine dining Magill Estate Restaurant), the menu and management of Magill Estate Kitchen sits…
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TWE, Santos post healthy profits in changing times
TWE’s revenues declined by $127 million to 1.267 billion for the six months to December 31, compared to the previous year. But the company said it was very pleased with the result as the comparable period included $78.2 million worth of sales to China, compared to just $2 million in the first half of FY22.…