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Treasury Wine Estates Provides Interim 2019 Financial Results Update

10 Jan 2019  |  16:08:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: TWE Interim 2019 Financial Results Update

Treasury Wine Estates updated that it will announce its audit reviewed results for the first six months of fiscal 2019 on 14 February 2019. The Company noted the continued volatility in response to uncertainty within the US and Asian markets. In response to this, management confirmed that the results for 1H19 will reflect a performance above consensus EBITS of A$332m and will be within the range of A$335m to A$340m. The Company further updated that full year guidance of 25% reported EBITS growth for fiscal 2019 is reiterated.

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