Treasury Wine Estates Ltd 2013 AR2

The report highlights a challenging year for Treasury Wine Estates, with statutory net profit after tax decreasing by 52.9% to $42.3 million, primarily due to a pre-tax material item expense of $154.7 million to address excess commercial wine inventory in the US. Despite these challenges, the company achieved EBITS of $209.2 million and saw growth in three out of its four regions (EMEA, Asia, and ANZ). On the sustainability front, TWE reduced its Recordable Case Injury Frequency Rate (RCIFR) by 14.8% to 12.7 and achieved 100% third-party sustainable certification for its company-owned and operated vineyards and wineries in ANZ and the US. Additionally, the company launched its "Agents of Change" community investment program, delivering $1.075 million in value to global communities.

Company: Treasury Wine Estates Ltd

Sector: Consumer Staples

Country: Australia

Year: 2013

Type: AR2

Pages: 132

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Treasury Wine Estates Ltd

Treasury Wine Estates Ltd 2013 Annual Report

Annual Report

The report highlights a challenging year for Treasury Wine Estates, with statutory net profit after tax decreasing by 52.9% to $42.3 million, primarily due to a pre-tax material item expense of $154.7 million to address excess commercial wine inventory in the US. Despite these challenges, the company achieved EBITS of $209.2 million and saw growth in three out of its four regions (EMEA, Asia, and ANZ). On the sustainability front, TWE reduced its Recordable Case Injury Frequency Rate (RCIFR) by 14.8% to 12.7 and achieved 100% third-party sustainable certification for its company-owned and operated vineyards and wineries in ANZ and the US. Additionally, the company launched its "Agents of Change" community investment program, delivering $1.075 million in value to global communities.

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Document Details

Report Year

2013

Reporting Period

Jul 1, 2012 - Jun 30, 2013

Fiscal Year

2013

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management