Treasury Wine Estates Ltd (ASX:TWE)
A$ 12.04 0.47 (4.06%) Market Cap: 9.39 Bil Enterprise Value: 11.08 Bil PE Ratio: 38.23 PB Ratio: 2.07 GF Score: 78/100

Full Year 2021 Treasury Wine Estates Ltd Earnings Call Transcript

Aug 19, 2021 / 12:00AM GMT
Release Date Price: A$12.37 (-1.50%)
Operator

Good day, and thank you for standing by. Welcome to the Treasury Wine Estate FY '21 Full Year Results Conference Call.

(Operator Instructions) Please be advised that this conference is being recorded today, Thursday, the 19th of August 2021.

I would now like to hand the conference over to your speaker, Tim Ford, Chief Executive Officer of TWE. Thank you. Please go ahead.

Timothy Ford
Treasury Wine Estates Limited - CEO, MD & Director

Good morning, everybody, and thank you for joining the Treasury Wine Estates 2021 Full Year Results Briefing. In the spirit of reconciliation, Treasury Wine Estates acknowledges the traditional custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders, past and present, and extend that respect to all aboriginal and Torres Strait Islander peoples today.

So I'm very pleased to have joining me on the call today the following members of the leadership team, Matt Young, our CFO; Tom King, the Managing Director of Penfolds; Ben

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