TWE treasury wine estates limited
Add to My Watchlist 0.66% ! $7.68

News: TWE Australia's Treasury Wine to take $189 mln impairment hit in annual results

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    06/08/24
    08:45
    Post #: 75084972

    Aug 6 (Reuters) - Treasury Wine Estates (TWE) said on Tuesday it would recognise a non-cash impairment charge in relation to its premium brands business and announced its intention to divest its commercial brand portfolio.

    Australia's biggest wine producer said its fiscal 2024 results would include an impairment charge of A$290 million ($188.65 million) after tax. It, however, expects to post nearly a 13% rise in its underlying earnings for the period.

    ($1 = 1.5373 Australian dollars)

    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$7.68 		Change
0.050(0.66%) 		Mkt cap ! $6.231B
Open High Low Value Volume
$7.63 $7.68 $7.58 $19.31M 2.524M

Buyers (Bids)

No. Vol. Price($)
1 9 $7.67
 

Sellers (Offers)

Price($) Vol. No.
$7.68 26888 4
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
TWE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.