Industry Insights

TWE celebrates largest ever organic growth rate

Fears the Chinese economic slowdown would damage Treasury Wine Estates’ half-year net profit results have proven unfounded. The company has announced its net sales revenue is up 16% to $1,507.7million, representing the largest organic growth rate in the company’s history. EBITS up 19% to $338.3million and strong growth delivered by all regions. Directors of the … Continued

February 14, 2019

US spirits exports to Australia up 12%

Australia has retained its position as US spirits industry’s third biggest export market. The Distilled Spirits Council has reported its 8th consecutive year of market share gains, which includes a 12% rise in exports to Australia to a value of $127.7million. Canada remains the No.1 market with sales of $198.2million, with the UK in second … Continued

February 13, 2019