Aug 13 (Reuters) - Treasury Wine Estates Ltd (TWE) :
- WILL NOT PROVIDE EARNINGS GUIDANCE FOR F21 AT THIS POINT IN TIME
- COMMENCED A RESTRUCTURE OF ITS GLOBAL SUPPLY CHAIN
- IN F21, CAPEX IS EXPECTED TO BE UP TO $200.0M
- IN F21, HIGHER AUSTRALIAN PRODUCTION AND SOURCING COSTS FROM THIS VINTAGE ARE EXPECTED TO INCREASE GLOBAL COGS/CASE BY ABOUT 3%
- SEES ANNUALISED COST SAVINGS OF AT LEAST $35M DELIVERED IN F21 AND BEYOND
News: TWE Treasury Wine Estates Says It Will Not Provide Earnings Guidance For FY21
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$7.62 |
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Mkt cap ! $6.166B | |||
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