AVG FY26 Full Year Results Presentation

• FY26 financial results show positive free cash flow of $2M
• Strategic investments include global MadFish acquisition and Poco Vino production line
• Revenue flat at $258M, but would have grown 5% without external impacts
• Inventory reduced, net debt finished at $89M
• AVG expects to deliver a net positive cash position for FY27

Australian Vintage Ltd (AVG) presented its FY26 full year results, highlighting a turnaround in financial performance. The company reported positive free cash flow of $2M, excluding one-off investments of $16M, achieving an internal rate of return of 69%. Strategic investments included the global acquisition of MadFish and the installation of a Poco Vino production line in Australia. Revenue remained flat at $258M, but would have grown 5% without the impacts of war and a stronger Australian dollar. Inventory was reduced, and net debt finished at $89M, $1M better than guidance. The company expects to deliver a net positive cash position for FY27, reducing debt for the first time in years while accelerating growth of key profitable parts of the group portfolio.

AVG expects to deliver a net positive cash position for FY27

AVG expects to deliver a net positive cash position for FY27, reducing debt for the first time in years while accelerating growth of key profitable parts of the group portfolio.