Treasury Wine Estates (TWE) has unveiled its 2025 full-year results, with its luxury portfolio once again proving to be the company’s strongest growth driver.
The fiscal year was marked by a decisive focus on premium wine brands, the integration of DAOU into the portfolio, and continued momentum for Penfolds — all of which reinforced TWE’s position as a leader in the global luxury wine sector.
A Year of Strategic Execution and Portfolio Evolution
TWE CEO Tim Ford highlighted that the business delivered robust results despite facing challenges in several markets. The company’s new Luxury portfolio-led operating model is now fully implemented, bringing greater strategic clarity and allowing TWE to sharpen its focus on high-value wine categories.
Ford emphasised pride in the transformation over the past five years, thanking TWE’s teams for their “passion, resilience, and commitment” and expressing confidence that fiscal 2026 will present strong opportunities in the luxury wine space.
Key Financial Highlights
- Statutory NPAT: USD 436.9m, up 341.8%.
- NPAT before material items and SGARA: USD 470.6m, up 15.5%.
- EBITS: USD 770.3m, up 17.0%, driven by Penfolds growth and a full-year DAOU contribution.
- EBITS margin: 26.2%, up 2.2 percentage points.
- Luxury portfolio: Now accounts for 85% of total Group EBITS.
- Group NSR: USD 2.9bn, up 7.2%, with luxury contributing 55% of NSR.
- Dividends: Final dividend of 20 cents per share (70% franked); full-year dividend of 40 cents per share, up 11.1%, with a payout ratio of 69%.
Driving Global Wine Leadership
TWE’s success in FY25 was underpinned by strategic brand investments, innovation in viticulture and winemaking, and a deepened connection with customers and consumers worldwide. Penfolds continued to perform strongly across international markets, while DAOU’s integration further bolstered the luxury segment.
The company also launched its “Boldly Cultivating” purpose, part of a new long-term game plan to strengthen TWE’s role in shaping the future of premium wine. With expanded global reach and heightened brand engagement, TWE is positioning itself to capture more value in the high-end wine category — a segment it now dominates.
Looking ahead, Treasury Wine Estates enters FY26 with confidence, backed by a well-aligned operating model, a proven premiumisation strategy, and an ambition to lead innovation and excellence in the luxury wine industry.
Source: TWE