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Why Did TWE Take a $649m US Asset Hit and Suspend Dividends?
8:32am on Monday 16th of February, 2026 AEDT
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Why Did TWE Take a $649m US Asset Hit and Suspend Dividends?
8:32am on Monday 16th of February, 2026 AEDT
Key Points
EBITS down 39.6% to $236.4 million, missing guidance
Statutory NPAT loss of $649.4 million driven by $751 million US asset impairment
Interim dividend suspended to prioritise capital preservation and reduce leverage
TWE Ascent transformation program targets $100 million annual cost savings
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Treasury Wine Estates (ASX:TWE)
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