May 13 (Reuters) - Treasury Wine Estates Ltd TWE.AX :
* EXPECTS F21 EBITS TO BE IN RANGE OF $495M TO $515M
* SUPPLY-CHAIN OPTIMISATION PROGRAM NOW EXPECTED TO DELIVER ANNUALISED BENEFITS OF AT LEAST $75M BY F23
* PENFOLDS TARGETING 40-45% EBITS MARGIN FOR FY21
* TREASURY AMERICAS MAINTAINING 25% EBITS MARGIN AMBITION FOR FY21
* EXPANDS SUSTAINABILITY TARGETS; NEW COMMITMENT TO 100% RENEWABLE ELECTRICITY BY 2024, NET ZERO EMISSIONS (SCOPE 1 AND 2) BY 2030
* OVER LONG-TERM, CO TARGETING HIGH SINGLE-DIGIT AVERAGE EARNINGS GROWTH