Treasury Wine Estates in H2 2020 – results preview

On Wednesday, Treasury Wine Estates will announce its fiscal half-year results - the six months to the end of December. Back in August, the group posted a 9.3% decline in sales from fiscal-2020, as the pandemic put the brakes on the first half's flat top-line performance. Fast forward to November, and Treasury reported a 6.4% fall in the first quarter of the current fiscal year. Here's a look at the news that is likely to have shaped TWE's performance in the six months to the end of December.