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Viña Concha y Toro sees sales soar in Q1 – results data

Olly Wehring
Last updated: 01/05/2024 at 2:29 PM
By Olly Wehring
1 May 2024
4 Min Read

Chile-based Viña Concha y Toro has credited a “partial recovery in global wine consumption” as one of the drivers behind a remarkable lift in first-quarter sales.


Concha y Toro logo and wine cellar
  • Three-month sales jump by 26.4% in reported terms to CLP206.17bn (US$217.2m)
  • Casillero del Diablo sales up by a third, Frontera leaps 91.5%
  • Wine exports up 33.9% in value during three months to end of March on 13.9% volumes increase
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Three-month sales jump by 26.4% on a reported basis, to CLP206.17bn (US$217.2m)Casillero del Diablo sales up by a third, Frontera leaps 91.5%Wine exports up 33.9% in value during three months to end of March on 13.9% volumes increaseThe 26.4% rise in sales from the three months to the end of March builds on Q4's reversal of a downward slide in the group's top line throughout most of 2023. Noting the decrease in inventory levels last year, Concha said this week that its latest figures benefited from a near-9% volumes rise as well as "average year-on-year price increases of 16%".Editor’s note:

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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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