CompaniesRetailWineTreasury Wine scraps dividend, warns of sluggish growth after $1b lossAug 13, 2026 – 10.12amFollow our live coverage of the August 2026 ASX reporting seasonTreasury Wine Estates has scrapped its dividend and says it expects no profit growth this year after a massive writedown sent the winemaker behind the Penfolds brand tumbling to a $1.08 billion loss.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In RetailFetching latest articlesMost Viewed In Companies
Treasury Wine scraps dividend, warns of sluggish growth after $1b loss
Profits at the flagship Penfolds brand declined by 15 per cent in a difficult market where global wine consumption is falling.
83 words~1 min read
