Matthew Kidman: Welcome to Buy Hold Sell, brought to you by Livewire Markets. My name is Matthew Kidman. And today, we’re going to review the profit reporting season - the best and some of the worst. And to talk about it, we’ve got Blake Henricks from Firetrail and Michelle Lopez from abrdn.

Michelle, let’s start with you. Treasury Wines, I thought it was all over. China said no more wine from Australia, but it’s done pretty well. The result was quite good. Buy, hold or sell?