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Australian Vintage Ltd (ASX:AVG)

ALERT: Price-sensitive ASX Announcement for AVG
Current share price for AVG : $0.066 -0.034 (-34%)+
Announcement
Release
8 Dec 2025 8:31AM
Price at Release
$0.100
Full Release
download
Summary
Australian Vintage Limited (ASX: AVG) announced a distribution agreement with Invivo & Co Limited. This agreement will enable AVG to distribute Invivo's portfolio, including Graham Norton, Invivo X SJP, and Invivo branded wines, in the UK and Ireland for five years. This partnership is expected to increase AVG's annual revenue by $15 million and add 500,000 cases to its portfolio, enhancing margin and cash flow. CEO Tom Dusseldorp highlighted the strategic importance of leveraging the company's global scale and retailer relationships to grow its brand portfolio. The document has been authorized for release by the Board of Directors.
Key Points
  • Distribution agreement with Invivo & Co Limited
  • Representation of Invivo portfolio in UK and Ireland for five years
  • Addition of 500,000 cases and $15 million in annual revenue
  • Focused on leveraging global scale and retailer relationships
  • Authorization by the Board of Directors
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.