Treasury Wine Estates Ltd (FRA:T7W)
€ 6.744 -0.04 (-0.59%) Market Cap: 5.55 Bil Enterprise Value: 6.58 Bil PE Ratio: 91.59 PB Ratio: 2.04 GF Score: 75/100
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Half Year 2024 Treasury Wine Estates Ltd Earnings Call Transcript

Feb 14, 2024 / 11:30PM GMT
Release Date Price: €6.65
Operator

Thank you for standing by, and welcome to the Treasury Wine Estates fiscal year 2024 half year results. (Operator Instructions) I would now like to hand the conference over to Mr. Timothy Ford, Managing Director and Chief Executive Officer. Please go ahead, sir.

Timothy Ford
Treasury Wine Estates Ltd - Chief Executive Officer, Managing Director, Executive Director

Good morning, everyone. Thanks for joining us for our half year results briefing. With me here in Melbourne is Stuart Boxer and Pete Neilson. Ben Dollard is in California and Tom King is in Paris, in France. I'm sure he'll explain why as we get through his part of the conversation today.

Pleased to announce the results today for the first half of fiscal '24. It's a period where our group performance was broadly in line with expectations and reflective of the continued strengthening of our luxury wine portfolio and the strong consumer demand that still exists around the world for luxury brands.

There's no question, though, that it is a challenging operating environment with pretty

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