Business
Treasury Wine Estates (ASX:TWE) share price bubbles 12% higher – The Motley Fool Australia
The Treasury Wine Estates Ltd (ASX:TWE) share price has risen 12% after yesterday’s FY21 first half result, stronger management confidence.
The Treasury Wine Estates Ltd(ASX: TWE) share price is up 12% at the time of writing.
Yesterday, the global wine business delivered its FY21 half-year result to investors, which showed a heavy profit decline. However, management also said they were more confident about a recovery in some aspects of the business.
Brokers have had their say about the company’s result and medium-term prospects.
If you didn’t catch the report yesterday, here are some of the main numbers:
Highlights of Treasury Wine…
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