BRIEF-Treasury Wine Estates Discloses Settlement Of RNDC Dispute, 1H26 Ebits Expectation

Reuters

Feb 10

BRIEF-<a href="https://laohu8.com/S/TSRYF">Treasury Wine Estates</a> Discloses Settlement Of RNDC Dispute, 1H26 Ebits Expectation

Feb 10 (Reuters) - Treasury Wine Estates Ltd TWE.AX:

SETTLEMENT OF RNDC DISPUTE AND 1H26 EBITS EXPECTATION
TWE WILL REPURCHASE TREASURY AMERICAS AND TREASURY COLLECTIVE PORTFOLIO INVENTORY HELD BY RNDC
EXPECTS 1H26 EBITS TO BE APPROXIMATELY A$236M
SETTLEMENT DOES NOT ALTER PLANNED REDUCTION OF DISTRIBUTOR INVENTORY LEVELS OUTSIDE OF CALIFORNIA OVER A PERIOD OF TWO YEARS
IN 1H26, TREASURY AMERICAS DEPLETIONS IN STATES DISTRIBUTED BY RNDC GREW 2.7%

Further company coverage: TWE.AX

((Reuters.Briefs@thomsonreuters.com;))

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