Sentences with phrase «twe said»
«The board considers that the company's FY15 EPS targets are realistic but challenging,» TWE said in the notice of meeting.
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«Over the past two years, TWE has been taking deliberate action to manage - down this portfolio of brands,» TWE said in a statement to the Australian Securities Exchange (ASX).
TWE said that the divestment will not impact its 2016 financial earnings or any future earnings.
Not exact matches
«TWE notes recent international events relating to the United Kingdom's referendum decision to exit the European Union and the resulting depreciation of the Great British Pound,» TWE's ASX statement said.
«TWE is now in the midst of its most crucial trading period, with the 2014 Penfolds luxury and icon wine collection released earlier this month,» Mr Clarke said in a statement.
It is this potential growth that led TWE chief executive Mike Clarke to say Asia would be the largest contributor to the wine maker's profits within 18 months.
«The most important thing you can do over the coming weeks is to focus on the delivery of our FY15 plans and ensure speculation about TWE's ownership does not distract you from making, marketing and selling our fabulous wines,» Mr Clarke said in his note to staff.
«We have become aware of a number of copycat operators that are taking illegal and unfair advantage of the success of iconic brands such as Penfolds,» said TWE chief executive officer, Michael Clarke.
In addition, with a multi-region sourcing model and by pursuing portfolio growth that spans multiple countries - of - origin, TWE is well positioned to satisfy growing demand for premium wine, globally,» it said.
The surging share prices of branded milk marketer The a2 Milk Company (A2M), fruit and veg grower Costa Group (CGC) and Penfolds - owner Treasury Wine Estates (TWE) have some experienced industry watchers saying that prospects for the agricultural sector have never been better.
«This clearly demonstrates that TWE is holding luxury wines back from sale and has actually moved wines previously classified as current back into non-current inventory,» Errington says.
TWE's Managing Director for Australia & New Zealand, Angus McPherson, said the Company is continually focused on finding opportunities to bring new consumers into the category: «When we launched Gentleman's Collection a few years ago, this was the first range of wines we specifically targeted to millennials, a group that under - indexed in wine at the time.
«The board of TWE, together with its advisers, has concluded, based on the revised proposal, that it is in the interests of its shareholders to engage further with KKR and Rhone,» the announcement said.