Nov 23 (Reuters) - Australian Vintage Ltd AVG.AX
* Expect to achieve annual grape savings of approximately $9.0 million
* Global conditions remain tough
* "Some of our third party growers have had some damage from storm and it will take some time to assess impact on next year's grape crop"
* "Expected cash flow benefit is $35 million over lease term"
* Expect our fy net profit after tax to be down by about $3.0 million against last year's result of $7.1 million before one off items
* "Expect our cash flow to continue to improve due to removal of some of our onerous grower contracts and recent termination of a vineyard lease" Source text for Eikon: ID:nASX1msnX0 Further company coverage: AVG.AX