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Treasury Wine Estates Ltd (TWE.AX)

TWE.AX on Australia Stock Exchange

13.76AUD
26 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Treasury Wine Estates updates on management share trading
Thursday, 7 Sep 2017 06:50pm EDT 

Sept 8 (Reuters) - Treasury Wine Estates Ltd ::Members of executive leadership team have sold company shares and, over course of F18, may sell company shares, including CEO.Share trading by members of executive leadership team to primarily cover their respective income tax liability on vested equity.  Full Article

Treasury Wine Estates says FY profit attributable $‍269.1​ mln versus $173.3 mln
Wednesday, 16 Aug 2017 06:15pm EDT 

Aug 17 (Reuters) - Treasury Wine Estates Ltd :FY revenue from ordinary activities $2,534.2 million versus $2,343.3 million.FY profit attributable to members $269.1​ million versus $173.3 million.Final dividend 13.0 cents per share.Company announced an on-market share buy-back of up to $300 million​.  Full Article

Treasury Wine Estates reaffirms growth outlook for Asia region
Monday, 31 Jul 2017 06:08am EDT 

July 31 (Reuters) - Treasury Wine Estates Ltd ::TWE reaffirms growth outlook for Asia region.‍TWE reiterates guidance provided at its interim 2017 result in February 2017​.‍2H17 EBITS is expected to be broadly in line with 1H17​."Expects Asia region to deliver an ebits margin of 30-35% on a sustainable basis".  Full Article

Treasury Wine Estates updates on Diageo acquisition synergies
Wednesday, 17 Aug 2016 06:31pm EDT 

Treasury Wine Estates Ltd : 2016 annual results announcement . Expects total cogs savings from supply chain optimisation initiative to reach run-rate of at least $100 mln by F20 . Expects total cash synergies recognised from acquisition of Diageo to reach a run-rate of US$35 mln by F20 .  Full Article

Treasury Wine Estates posts FY net profit of $179.4 mln
Wednesday, 17 Aug 2016 06:24pm EDT 

Treasury Wine Estates Ltd : Appendix 4e and 2016 annual results . FY profit attributable to members $179.4 million versus profit of $77.6 million . Final dividend 12 cents per share . FY revenue from ordinary activities $2.34 billion versus $1.97 billion . Expects to deliver a high-teens ebits margin by f18" . Expects total COGS savings from its supply chain optimisation initiative to reach run-rate of at least $100M by f20" .  Full Article

Treasury Wine Estates divests non-core commercial brand portfolio in US
Sunday, 3 Jul 2016 06:43pm EDT 

Treasury Wine Estates Ltd : TWE divests non-core commercial brand portfolio in US . Confirms FY16 earnings expectations . Says expects to deliver FY16 earnings before interest, tax and SGARA (EBITS) between $330 million to $340 million . Says TWE does not expect any material change to its FY17 earnings expectations . Says the divestment will have nil impact on TWE's earnings in FY16 and beyond .  Full Article

Treasury Wine Estates announces acquisition of Diageo's wine business
Tuesday, 13 Oct 2015 05:58pm EDT 

Treasury Wine Estates:Announces acquisition of Diageo's wine business.Deal for a cash payment of US$552 million.Says agreed to acquire the majority of assets from Diageo plc's US and UK wine operations.  Full Article

Australia's Treasury Wine pays $39 million to settle shareholder class action

Australian winemaker Treasury Wine Estates Ltd said on Monday it will pay A$49 million ($39 million) to settle a class action lawsuit over allegations it misled shareholders about problems at its U.S. business.