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Treasury Wine Estates (TWE) has warned it will take a significant non-cash impairment against its Americas business, with the company preparing to write off at least all US goodwill valued at $687.4 million as at June 2025.
Maggie Beer Holdings (MBH) chair Mark Lindh has used the company’s 2025 AGM to lay out a clearer path for stabilising and rebuilding the business, telling shareholders the group has “earned the right to grow” after a year of intense restructuring, cost-cutting and strategic refocus.
Winners of the 63rd annual Australian Export Awards were announced in Canberra on 26 November, featuring several food and beverage industry success stories – including Marquis Macadamias, Almondco Australia, and Munda Wines.
