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Treasury Wine – FY21 Earnings

Treasury Wine Estates is under Algo Engine buy conditions after being added to the model portfolio in April. The stock is up 29.70% after 122 days.

TWE posted FY21 revenue of A$2.6bn and underlying EBIT of A$510m. FY22 EBIT is forecast to increase 5% and the stock trades on a forward dividend yield of 2.5%

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