Australia's second-largest wine business, Hardy Wine Company

US-BASED Constellation Brands, which owns Australia's second-largest wine business, Hardy Wine Company, has swung back into profitability and reaffirmed its full-year earnings guidance following a $US100 million ($A113.8 million) profit for the latest quarter. Group sales fell 8 per cent to $877 million, or down 3 per cent in constant-currency terms.