Endeavour Group says its profit was down 16 per cent last financial year amid cost-of-living pressures, as it waits for new CEO Jayne Hrdlicka to take over.
The company that owns Dan Murphy's, BWS and more than 300 licensed pubs in Australia says it made a $529 million profit on sales of $11.9 billion in 2022/23.
One of Margaret River's oldest and most prestigious wine brands, Cape Mentelle, has been sold by its French owner in an estimated $20 million deal with a major Australian retail group.
