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FOLEY 4 WINES made by land & hand KEEPING THE COURSE WEDNESDAY , FEBRUARY 24 2021 - Foley Wines Limited today announced a 5.8 % decrease in reported after tax profit of $ 2,566,000 . Ongoing impacts of the global pandemic impacted the key channels of restaurants , hotels and airlines for its premium brands , with total cases sales down 7 % to 281,000 . Compounding the situation was logistic issues which meant long delays to shipping products around the world , without these delays , the company believes case sales would have been much closer to last year's volume . New Zealand performed well notwithstanding the challenges of Covid - 19 with case sales up 8 % to 92,000 . The key December period in particular was a standout with Foley Wines ' brands growing 14 % compared with a 3.2 % decline in the still wine category . The New Zealand market is responding positively to the company's sustainability practices , particularly around using New Zealand recycled glass along with the latest initiative using labels made from a sugar cane which is a highly renewable material . Last year during lock down the company announced that it would be building a new purpose - built wine barrel facility , distillery for Lighthouse , tasting room and restaurant in Martinborough . This project is progressing well with the barrel facility on track for completion in March and the restaurant is on track for this summer . The company believes that this investment is critical in continuing to develop its Martinborough brands ' into household names over time . Mark Turnbull , Foley Wines CEO said " while the last 9 months has been challenging , we are committed to our strategy of building brands that satisfy the needs of discerning retailers and restaurants around the world . We believe building brands is the best way to create long term value for our shareholders , our growers and the broader New Zealand economy . In the past year we have secured some strong new routes to market for our premium portfolio , which under pins the quality of our portfolio as well as reinforcing the appeal of our rather unique business model here in New Zealand " . - END- Authorised for public release . For further information please contact : Mark Turnbull CEO , Foley Wines Limited PO Box 67 , Renwick , 7243 , Marlborough Tel : +64 21 714 885 Email : mark@foleywines.co.nz Notes to Editors : Foley Wines is a collection of iconic wineries and brands from New Zealand's most acclaimed wine regions . Each with a unique story of New Zealand to tell , our wineries are linked by a common unrelenting purpose ; to make great wine that people love to drink around the world – made by land & hand .