Penfolds lifts Treasury Wine sales as profit drops
Luxury brands sold fewer cases but overall revenue rose.
Hot Topic
Infrastructure
Australia's biggest wine company, Treasury Wine Estates (ASX:TWE), says its strategy of focusing on its premium brand Penfold has paid off in the first half of the financial year though net profit fell by more than half.
Half-year revenue increased 8% to $A934 million despite selling 200,000 fewer
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Nevil Gibson for NBR Food Industry Week
Wed, 04 Mar 2015
Wed, 04 Mar 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Penfolds lifts Treasury Wine sales as profit drops
45599