News Summary

• PGG Wrightson Ltd (NZSE:PGW) reported a significant increase in operating revenue, up 6% from the previous year, reaching $975.3 million.
• The company's EBITDA rose by 27% to $56.1 million, indicating strong operational performance.
• The wool business faced a challenging year with difficult trading conditions and a decline in shearable sheep numbers.
• Despite good crop quality and vintages, the international wine market is declining, impacting the sector's outlook.