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Half Year 2023 Treasury Wine Estates Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Treasury Wine Estates TWE FY '23 Half Year Results Conference Call. (Operator Instructions)
I'd now like to hand the conference over to Mr. Tim Ford, CEO. Please go ahead.
Thanks, operator. Good morning, and thanks for joining the TWE 2023 Interim Results Briefing. Joining me today is Matt, Tom, Ben and Pete, as we have done over a number of halves now.
And we're all pleased to present our results today for the first half of fiscal '23. In a period where we continued our progress towards the delivery of our long-term financial objectives. And in doing so, I believe we've added an important proof point of the strength and resilience of our global business, in particular, our team's ability to navigate the changing economic environment and shifts in the consumer and market dynamics that we've seen.
We delivered strong earnings growth and margin expansion in the half, with EBITS increasing 17% to $307.5 million
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