"Treasury is yet to log the full effects of its exponential growth in Asia, which will likely help to boost overall profits in the second-half and beyond.
As of January, Treasury’s Asian market had reported a 48% rise in EBITS over the last 6 months to $117 million with Treasury continuing to leverage its route-to-market to drive growth across key brands such as Masstige and the US-sourced Luxury brand
China’s expanding middle class are only just getting a taste for quality wines, with Treasury poised to meet this growing demand with a strong foothold in the market already and a detailed strategy in play to manage continued growth in the region."
TWE Price at posting:
$17.56 Sentiment: Buy Disclosure: Held
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