Treasury Wine Estates (ASX:TWE) saw a 17 per cent jump in net profit and a bigger dividend, as they delivered a strong December half year result.
NPAT is up to $219.2 million in the six months to December.
EBITS were $338.3 million, up 19 per cent, with growth delivered across all regions.
Net Sales Revenue increased 16.4 per cent on a reported currency basis.
Directors of the company declared an interim dividend of 18.0 cents a share,
The owner of the famous Penfolds label lifted its interim dividend by 20 per cent to 18 cents a share, up from 15 cents a year ago.
The fully franked dividend will be paid on April 5.
Shares in Treasury Wine Estates (ASX:TWE) are trading 1.31 per cent lower to $16.58.