Treasury Wine Estates today announced its annual 2017 financial result, with Reported Net Profit After Tax (NPAT) up 55% to $269.1m and Earnings Per Share (EPS) up 50% to 36.5 cents per share.

TWE reported Earnings Before Interest, Tax, SGARA and material items (EBITS) of $455.1m, up 36% on a reported currency basis.

The Company also delivered its high-teens EBITS margin target three years ahead of the initial plan of F20, with margin accretion of 4.0ppts, up to 19.0%; and achieved Return on Capital Employed (ROCE) accretion of 2.3ppts to 11.6%.