Dec 1 (Reuters) – Australia’s Treasury Wine Estates said on Monday it expects to recognise a non-cash impairment of its U.S.-based assets. The final impairment amount and allocation to assets will be concluded as part of its 2026 interim results, the winemaker added. (Reporting by Sherin Sunny in Bengaluru; Editing by Edmund Klamann)
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Australia’s Treasury Wine Estates flags impairment of US assets
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Dec 1 (Reuters) – Australia’s Treasury Wine Estates said on Monday it expects to recognise a non-cash impairment of its U.S.-based assets.
The final impairment amount and allocation to assets will be concluded as part of its 2026 interim results, the winemaker added.
(Reporting by Sherin Sunny in Bengaluru; Editing by Edmund Klamann)