Daou Drives Double Digit Growth for TWE in H1

Dear Client:   Treasury Wine Estates' (TWE) global net sales revenue was up 20.2% for the first half of fiscal 2025, driven largely by luxury growth in Penfolds as well as the Daou brand. That growth was partially offset by lower commercial and premium shipments, collectively down about 5%, noted TWE chief Tim Ford on yesterday evening's earnings call. Global volumes were up 3.6% for the half.  On an organic basis, which excludes the Daou benefit, global net sales revenues