Australia's Treasury Wine Estates flags impairment of US assets
30/11/2025 21:48
Dec 1 (Reuters) - Australia's Treasury Wine Estates TWE.AX said on Monday it expects to recognise a non-cash impairment of its U.S.-based assets. The final impairment amount and allocation to assets will be concluded as part of its 2026 interim results, the winemaker added. (Reporting by Sherin Sunny in Bengaluru; Editing by Edmund Klamann) ((Sherin.Sunny@thomsonreuters.com;))
Recent news on Treasury Wine Estates
See all newsMorningstar cuts Treasury Wine Estates' fair value, flags weaker earnings outlook
Treasury Wine may age better in private cellar
Treasury Wine may age better in private cellar
Australia's Treasury Wine Estates gains on review of Americas operations
Brief: Treasury Wine Says F26 EBITS Expected To Be In Range Of A$480-A$490 Million