Agribusiness buzz in brief

Andrew Marshall
Updated February 19 2024 - 8:41am, first published February 16 2024 - 2:30pm
TWE feels US cost impact. Photo supplied.
TWE feels US cost impact. Photo supplied.

Treasury wine profit slips

Despite buying a $1.6 billion luxury Californian wine business late last year, slumping US earnings have contributed significantly to an 11 per cent fall in net profit for wine giant, Treasury Wine Estates.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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