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Viña Concha y Toro on the mend but still down in Q3 – results data

Olly Wehring
Last updated: 07/11/2023 at 12:00 AM
By Olly Wehring
7 November 2023
1 Min Read

Viña Concha y Toro has seen its forecast of “a significant acceleration in sales” in the second half of 2023 fail to materialise as the top line fell again in Q3.


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Reported sales in three months to end of September decline 4.8% to CLP213bn [US$241.9m] Year-to-date sales - again on reported basis - also down, by 7.4% at CLP577.83bn Q3 exports - not including the US - fall 5.9%, US sales -5.5% Viña Concha y Toro has seen its forecast of "a significant acceleration in sales" in the second half of 2023 fail to materialise as the top line fell again in Q3. Three months on from posting a top-line decline of almost 9% from the first six months of this year, the wine group saw sales in the three months to the end of September come in down by just

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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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