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Viña Concha y Toro finishes 2023 in recovery mode – results data

Olly Wehring
Last updated: 12/03/2024 at 12:01 PM
By Olly Wehring
12 March 2024
4 Min Read

The previously forecast “significant acceleration” of sales in the second half of last year finally arrived for Viña Concha y Toro, according to figures released this week.


Casillero del Diablo bottle and glass of wine
Credit: Brett Jordan/Pexels
  • Sales in closing three months of 2023 climb 5.1% to CLP259.38bn (US$268.8m) – on reported basis, not organic
  • Full-year reported top-line declines 3.8%, totalling CLP837.21bn ($867.5m)

The previously forecast “significant acceleration” of sales in the second half of last year finally arrived for Viña Concha y Toro, according to figures released this week.

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Sales in closing three months of 2023 climb 5.1% to CLP259.38bn (US$268.8m) - on reported basis, not organicQ4 reverses nine-month sales slide of 7.4%Full-year reported top-line declines 3.8%, totalling CLP837.21bn ($867.5m)Having anticipated a return to growth back in August, the Chile-headquartered group saw its sales in the third quarter, to the end of September, slip by almost 5%. Yesterday, however, the Casillero del Diablo brand owner posted a top-line rise of 5.1%, although this wasn't enough to restore the full-year sales rate to positive territory.Editor's note: Concha y Toro's result

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TAGGED:Concha y Toro
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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