Treasury Wine Estates Projects Fiscal 2026 EBITS Outlook
MT Newswires Live
Jun 04
Treasury Wine Estates (ASX:TWE) expected fiscal year 2026 earnings before interest, tax, material items, and self-generating and regenerating assets (EBITS) to reach AU$480 million to AU$490 million, according to a Thursday filing with the Australian bourse.
The firm projects fiscal year 2027 performance at least in line with the year prior, citing continued progress in normalizing customer inventory levels across China and the US.
The company also expects leverage to peak at around 2.9 times in fiscal year 2026 before easing back to target by the end of fiscal year 2028, driven by free cash flow, divestment proceeds, and earnings improvement, the filing added.
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