TWE treasury wine estates limited

News: TWE Treasury Wine Estates Ltd Confirms Acquisition Of French Production And Vineyard Assets

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    Aug 15 (Reuters) - Treasury Wine Estates Ltd (TWE) :

    • TWE REITERATES GUIDANCE OF ABOUT 15% TO 20% REPORTED EBITS GROWTH FOR F20
    • FY20 FULL YEAR UNDERLYING CASH CONVERSION EXPECTED TO BE BROADLY IN LINE WITH F19
    • CONFIRMED ACQUISITION OF FRENCH PRODUCTION AND VINEYARD ASSETS IN THE BORDEAUX REGION OF FRANCE
    • INVESTMENTS IN FRENCH PRODUCTION ASSETS & AUSTRALIAN LUXURY WINEMAKING CAPACITY TO SUPPORT NEXT PHASE OF PREMIUMISATION JOURNEY
 
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