TWE 3.34% $11.88 treasury wine estates limited

Ann: 2022 Interim Results Investor and Analyst Presentation, page-2

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  1. 202 Posts.
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    Guess it all comes down to how much the bad news was priced in.

    the bad = revenue down 8.8%, NPAT down 7.5%. (caused by the china fiasco)

    The good = growth in luxury and premium brands, margins increased (suggests pricing power), the balance sheet looks good with net assets up $70 million.

    Dividend of 15 cents, is probably sensible. About 2.8% annualised at current share price plus franking credits.
 
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