Treasury Wine Estates today announced its interim 2018 financial result, with Reported Net Profit After Tax (NPAT) up 37% to $187.2m and Earnings Per Share (EPS) up 38% to 25.6 cents per share. Excluding a one-off tax benefit, EPS would have been 22.7 cents per share.
TWE reported Earnings Before Interest, Tax, SGARA and material items (EBITS) of $283.3m, up 25% on a reported currency basis.
Today, TWE also announced a series of transformational changes to its route-to-market in the US that are expected to strengthen the Company’s competitive positioning, increase efficiency and effectiveness, and drive portfolio growth.
