Strong EBITS Growth
EBITS grew 35.1% to $391.4 million, driven by the continued growth of Penfolds and the contribution of DAOU in Treasury Americas.
Luxury Portfolio Expansion
Luxury portfolio net sales revenue increased 52% and now represents approximately 56% of total group NSR.
Penfolds Success in China
Successfully reestablished the Australian country of origin portfolio in China, with strong consumer demand and positive sentiment.
Upgraded Cost Synergies for DAOU
Cost synergies of DAOU acquisition upgraded to a total run rate of $35 million, strengthening the business case for the acquisition.
Dividend Increase
Declared an interim dividend of $0.20 per share, 70% franked, representing a payout ratio of 68% and an increase on the prior year of 17.6%.