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…
-
General22 hours agoThousands join pro-Palestinian rallies in towns and cities across Australia amid ceasefire
-
General21 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
General20 hours agoBathurst 1000 quick hits: Chaz Mostert drinks beer with fans, Erebus owner protests, and drama on Mount Panorama
-
Noosa News18 hours agoFatal Traffic Crash, South Bingera