之前澳元对美元的相对强劲令澳大利亚产品对来自竞争地区的葡萄酒竞争力下降，比如加州纳帕谷(Napa Valley)和南美的葡萄酒。从去年6月底至今年5月中旬，1澳元可以兑换逾1美元。

'If the currency comes back a bit further, perhaps it could become a takeover target for the Europeans or the Chinese,' Armytage Private's Mr. King said.

Armytage Private的金说，如果澳元进一步小幅贬值，Treasury Wine可能成为欧洲企业或中国企业的收购目标。

Treasury Wine said it expected that operating earnings, which strip out items such as the write-down, would be about A$216 million for the fiscal year that just ended, in line with analysts' forecasts. The company reported net profit of A$89.9 million and operating earnings of A$210.2 million for fiscal 2017.

Treasury Wine说，预计刚刚结束的一个财年营运利润将约为2.16亿澳元，符合分析人士的预期。该公司2017财年实现净利润8,990万澳元，营运利润2.102亿澳元。营运利润不包括减记等项目。

Treasury Wine competes against rivals such as Constellation Brands Inc. STZ -0.11% in the U.S. North America, which also includes Canada, is the Australian vintner's biggest market.

Treasury Wine在美国的竞争对手包括Constellation Brands Inc.等公司。北美（包括加拿大）是这家澳大利亚葡萄酒生产商的最大市场。

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