TWE Back in the Black for FY2015 and One Step Closer to a Brand-Led Company

It has been a long road for Treasury Wine Estates, but the company has completed its first full year with chief Mike Clarke at the helm and is operating in the black again. TWE's global net profit was nearly $57 million for the fiscal year ended June, compared to a $74.2 million loss in fiscal 2014. In the company's earnings call last night, TWE chief Mike Clarke attributed the growth to its continued focus on premium brands, greater investment in marketing and supply chain optimization.

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