Australia's Treasury Wine hits near 11-year low on stalled buyback, weak outlook

Treasury Wine Estates

17/12/2025 04:06

Updates with analyst comments

** Shares of Treasury Wine Estates TWE.AX fall as much as 16.8% to A$4.57, their lowest level since January 21, 2015

** Shares down 9.2% at A$4.99 as of 0358 GMT

** Shares post biggest intraday pct drop since August 18, 2020
** The luxury winemaker cancelled remaining portion of its A$200 million ($132.62 million) buyback

** Co expects earnings before interest, tax, SGARA and material items (EBITS) of A$225 million to A$235 million, down from A$391.4 million reported last year

** Citi analysts cite challenges in the U.S. and China, elevated inventories, and a weak outlook as key factors driving their "Sell" rating on the stock

** RBC warns Treasury Wine Estates faces real challenges after weak first-half results and a debt load that is higher than its target, putting pressure on its finances

** YTD, shares down 56%

($1 = 1.5081 Australian dollars)

 (Reporting by Nichiket Sunil and Roushni Nair in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))