Premiumisation and acceleration of brand performance delivers strong interim 2016 result

Premiumisation and acceleration of brand performance delivers strong interim 2016 result

Treasury Wine Estates Ltd (ASX:TWE) today announced its interim 2016 financial result, with Net Profit After Tax (before material items) more than double the previous corresponding period (pcp) at $87.6m, on a reported currency basis and up 39% on a constant currency basis, and Earnings Before Interest, Tax, SGARA and material items (EBITS) up 72% to $146.8m.

The Board declared an interim dividend of 8 cents per share, 2 cents per share higher than the prior year; representing a 61% payout ratio.

On today’s result, TWE’s Chief Executive Officer, Michael Clarke commented: "Our interim 2016 result demonstrates a continuation of the momentum delivered in fiscal 2015 and highlights the benefits of having repositioned our business to deliver strong earnings growth on a balanced, sustainable base."

2016 Interim Result Announcements and Presentations
  • 2016 Interim Results Announcement 18 February 2016 Thursday, 18 February 2016 pdf 486 kB Download
  • 2016 Interim Results Investor & Analyst Presentation 18 February 2016 Thursday, 18 February 2016 pdf 1 MB Download
  • Appendix 4D - 2016 Interim Results 18 February 2016 Thursday, 18 February 2016 pdf 1 MB Download
  • 2016 Interim Dividend 18 February 2016 Thursday, 18 February 2016 pdf 19 kB Download
Top