Treasury Wine Estates Cuts Its Outlook and Scraps Its Buyback
T&G Building, 161, Collins Street, East End Theatre District, Melbourne, Victoria, 3000, Australia
Treasury Wine Estates
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins87% CONFIDENCEOverall confidence: 87%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterThe ASX release is headed '17 December 2025 ASX ANNOUNCEMENT - Investor Update & 1H26 Outlook'.[1]
Penfolds owner Treasury Wine Estates forecast first-half EBITS of A$225-235 million, cancelled its A$200 million buyback and launched a A$100 million-a-year cost programme as weaker US and China demand left distributors overstocked.
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