New release on Penfolds unveiled

Original article by Simon Evans
The Australian Financial Review – Page: 17/22 : 26-Jun-14

Treasury Wine Estates CEO Mike Clarke has announced changes in the company’s strategy, including moving the release date of Penfolds wines from March and May to October. Clarke told investors on 25 June 2014 that the group’s full-year profit guidance of between $A190 million to $A210 million remains unchanged. Investors welcomed Clarke’s statement, pushing the share price of Treasury up $A0.24 to $A5.07

CORPORATES
TREASURY WINE ESTATES LIMITED – ASX TWE, PENFOLDS WINES PTY LTD, ROSEMOUNT ESTATES PTY LTD, LINDEMANS WINES PTY LTD, WYNNS COONAWARRA ESTATE PTY LTD, WOLF BLASS WINES PTY LTD, KOHLBERG KRAVIS ROBERTS AND COMPANY, EAST END CELLARS PTY LTD