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Inflation bites but sales stay strong for Concha y Toro – results data

Intel Reporter
Last updated: 07/11/2022 at 3:25 PM
By Intel Reporter
7 November 2022
1 Min Read

Viña Concha y Toro has posted its strongest quarter of the year so far, despite “extraordinary” increases in “costs and logistics expenses”.


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Credit: Brett Jordan/Pexels
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Third-quarter sales increase 9.4% to CLP223.66bn (US$241.2m)For first nine months of 2022, sales rise 7.9% to CLP623.89bnBuilds on H1's +7% sales performance Viña Concha y Toro has posted its strongest quarter of the year so far, despite "extraordinary" increases in "costs and logistics expenses". Following September's announcement of a 7% lift in half-year sales, the wine group has reported that its top line in the three months to the end of September rose by just under 9.5% on the corresponding period a year ago. For the year so far, sales were up by approaching 8%. The Ca

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