Australia's Treasury Wine posts 33% rise in half-year profit, but misses estimate

Treasury Wine Estates

12/02/2025 21:36

Feb 13 (Reuters) - Australia's Treasury Wine Estates
 TWE.AX  posted a 32.5% rise in its first-half profit on
Thursday, driven by strong growth in its luxury brand Penfolds
and higher contribution from DAOU vineyards.
    The country's top winemaker said its net profit after tax
for six months ended December 31 was A$220.9 million ($138.73
million), compared with A$166.7 million a year ago. The Visible
Alpha consensus estimate was A$241.6 million.
    
    
($1 = 1.5924 Australian dollars)

 (Reporting by Sherin Sunny and John Biju in Bengaluru; Editing
by Shilpi Majumdar)
 ((John.Biju@thomsonreuters.com))