Treasury Wine Estates moves to “regional operating model”
Yahoo Finance·2026-04-22 22:01
Treasury Wine Estates has set out how it will reorganise its business structure to operate more effectively and improve efficiency. Shares in the Daou Vineyards owner shot up more than 16% today following the announcement. In a stock-exchange filing today (22 April), the Penfolds maker said from 1 October it will move "to a regional operating model to strengthen execution effectiveness and improve organisational efficiency". The Australian wine major had signalled changes were on the horizon in Decembe ...