KEY POINTS:
Reserve Bank action is making life harder but wine exporter Delegat's Group has reaffirmed its outlook for full-year profit growth.
Revenue for the six months ending December 31 was up 32 per cent $85.4 million, with profit up 1 per cent to $6.4 million.
Chairman Robert Wilton said actions by the Reserve Bank to control inflation continued to impact on results. "With the double effect of higher interest rates and the higher value of the New Zealand dollar as measured against the currencies of our major trading countries there exists an impediment to achieving the planned growth rate in profitability," Wilton said.
Shares closed down 3c yesterday at $1.94.
