Treasury Wine Estates stock names a new CFO as FY27 reset begins
Published on 09/30/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Treasury Wine Estates stock (ISIN AU000000TWE9) was trading at EUR 3.36 at Lang & Schwarz on September 30, 2026 at 9:04 a.m. CEST, up 0.60 percent versus the prior close of EUR 3.34. The immediate company event is a leadership change as Justin Pipito takes the group CFO role on October 1, 2026.
New CFO takes charge
According to Capital Brief on September 30, 2026, Treasury Wine Estates appointed Pipito permanently after he had served as interim chief financial and strategy officer since June 1. He joined the company in 2016 and previously held finance roles across Australia and New Zealand, Asia and Penfolds.
The appointment comes as Treasury Wine Estates moves into FY27 with a simplified portfolio and a stronger emphasis on premium brands. The company released its FY26 full-year results on August 13, 2026, according to its investor page.
FY26 shows the reset cost
Kapitales Research reported on September 16, 2026 that FY26 EBITS reached AUD 492.3 million, above the prior guidance range of AUD 480.0 million to AUD 490.0 million. Even so, earnings declined 36.1 percent from the previous corresponding period.
The statutory result was much weaker than the operating figure. Treasury Wine Estates reported a FY26 net loss after tax of AUD 1,078.7 million, while post-tax material items reached AUD 1,308.7 million, largely reflecting US asset impairments, restructuring and brand write-downs. Penfolds generated EBITS of AUD 404.3 million, compared with AUD 90.2 million for the Americas division.
Cost savings set the test
The TWE Ascent program is designed to deliver AUD 100.0 million in annual cost savings by FY29, with AUD 40.0 million expected during FY27, according to Kapitales Research. The comparison investors face is clear: FY26 operating earnings exceeded guidance, but the statutory loss and the Americas result show that execution remains central to the reset.
Treasury Wine Estates has also set a long-term EBITS margin target above 25 percent. That target places the focus on whether portfolio simplification, inventory normalization and lower US production can convert cost actions into recurring earnings rather than one-time accounting relief.
Stock trades at EUR 3.36
Treasury Wine Estates stock was trading at EUR 3.36 at Lang & Schwarz on September 30, 2026 at 9:04 a.m. CEST, plus 0.60 percent versus the Lang & Schwarz prior close of EUR 3.34 on September 29, 2026. The quote was in the Xetra trading phase for German investors.
Treasury Wine Estates stock facts
- Company: Treasury Wine Estates Limited
- ISIN: AU000000TWE9
- Ticker: TWE.AX
- Primary exchange: ASX
- Price Lang & Schwarz (as of September 30, 2026, 9:04 a.m. CEST): EUR 3.36
- Change versus prior close: plus 0.60 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 3.34
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
