Treasury Wine Estates requests trading halt ahead of outlook update [Yahoo! Finance]
TREASURY WINE EST S/ADR (TSRYY)
NASDAQ:AMEX Investor Relations:
tweglobal.com/investors
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Source: Yahoo! Finance
In a statement, the Penfolds winemaker said it had asked for the trading halt to be "effective immediately". TWE said it was preparing for an investor and analyst call in two days' time, "which will include information regarding the company's outlook". The group has requested the pause to run "until the earlier of the commencement of normal trading on Wednesday 17 December 2025, or the release of an announcement by the company in relation to this matter". According to a filing with the ASX earlier this month, Wednesday's call is set to include details on "performance in TWE's key markets", such as the US and China, as well as "initial observations" from the group's new CEO Sam Fischer , who stepped into the role in October. At the start of December , the Daou Vineyards brand owner forecast an impairment on its US assets, amounting to at least A$687.4m (then $450m). The group said then that brands like Daou and Matua were growing faster than the market but it had decided to
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