Treasury Wine Estates Limited (ASX:TWE) has flipped to a full year loss from profit of $47.2 million the year before.
The takeover target and listed winemaker has booked a net loss of $100.9 million in the 2014 financial year.
Treasury Wine flagged a $260 million write-down in June while at the time announcing a number of changes including a restructure of its Australian operations.
Looking ahead the company says it is poised for re-set and a return to sustainable growth in the 2015 financial year.
The results come after Treasury Wine opened its books to two suitors who are currently undertaking due diligence on the company.
An unfranked final dividend of 7 cents per share has been declared, bringing the full year payout to 13 cents per share.
