Second quarter revenues up 3.2% to CLP244.83bn (US$253.39bn) on a reported basisSales for first six months of year rise 2.3% to CLP453.81bnQ2 volumes up by only 1.1%, but average prices rise by 2.1%Solid gains in Europe and Chile, but declines in US and AsiaViña Concha y Toro overcame difficult trading conditions in a number of markets to post a 3.2% rise in second-quarter revenues, driven by value gains as volumes remained relatively static.The performance was an improvement on the company’s difficult first three months of the year, when sales were up by only 1.4%. Concha’s coverage of i
Value gains drive Viña Concha y Toro Q2 revenue increase – results data
‘The second quarter of the year was characterised by high economic uncertainty and global volatility, in a context that remains complex for the global alcohol industry.’

Former newspaper journalist Richard Woodard has been writing about the global wine and spirits industry for nearly 20 years, and is a regular contributor to a number of magazines and websites.



