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    AVG — Australian Vintage News Story

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    Brief: Australian Vintage Says Change In Strategy Is Targeting A Free Cash Flow By End Of FY27

    Picture of Australian Vintage logoAustralian Vintage
    19/08/2024 02:44
    Aug 19 (Reuters) - Australian Vintage Ltd  AVG.AX :
    * CHANGE IN STRATEGY IS TARGETING A FREE CASH FLOW OF +A$20
MILLION PER ANNUM BY END OF FY27
    * CHANGE IN STRATEGY IS TARGETING ROCE OF +8% BY END OF FY27
    * TO INVEST INVENTORY INTO MARKETS AND CATEGORIES, REDUCE
FIXED
GRAPE SUPPLY AND INCREASE FLEXIBILITY OF GRAPE SOURCING


Further company coverage:  AVG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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