Treasury Wine Estates (TWE) has reported a 7.2 per cent increase in its group net sales, rising from $2.7 billion to $2.9 billion for the current financial year.
The group’s gross profit increased 15 per cent to $1.4 billion, with its gross profit margin rising from 45.3 per cent to 48.6 per cent year-on-year.
The company’s EBITS rose 17 per cent to $770 million, and its net profit after tax saw an 8.1 per cent increase to $450.7 million.
Penfolds reported a 7.3 per cent increase in its net sales revenue to $1 billion, with its EBITS increasing 13.2 per cent to $477 million.
The group’s Treasury Americas brand saw a 16.8 per cent rise in its net sales revenue to $1.2 billion, with its EBITS increasing 33.9 per cent to $308.6 million.
TWE’s Treasury Premium Brands reported its net sales revenue at $693.5 million, down 5.9 per cent year-on-year, with its EBITS dropping 27.6 per cent to $55.1 million.
“Overall, I am pleased with TWE’s fiscal 25 performance,” said Treasury Wine Estates CEO Tim Ford.
“While we continued to face headwinds in a number of markets, we remained laser-focused on executing our business plans, further strengthening the business for long-term growth and achieving strong financial performance, underpinned by Penfolds’ continued momentum and integrating Daou [Vineyards] into our luxury portfolio.
“We also completed transitioning to our new luxury portfolio-led operating model, a structural evolution that enhances our strategic clarity and positions us well for the future,” said Ford.
