Treasury Wine Estates to Hold Investor Update on June 24 After Cutting Fiscal Year 2025 EBIT Forecast

MT Newswires Live
06-20

Treasury Wine Estates (ASX:TWE) plans to host an investor update on June 24, and the session will include an overview of its new divisional operating model in addition to an update on business performance, per the firm's website.

It had earlier said that it expects its fiscal year earnings before interest and taxes (EBIT) to come in around AU$770 million, lower than its previous guidance of AU$780 million, due to softer premium portfolio shipments amid US economic uncertainty.

The session will be hosted by Tim Ford, its chief executive, and Stuart Boxer, its chief financial and strategy officer.

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