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Shanken News Daily: Exclusive news and research on the wine, spirits and beer business shankennewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shankennewsdaily.com Daily Mail and Mail on Sunday newspapers.
Viña Concha y Toro Surges to Record-Breaking Growth in First Quarter wineindustryadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wineindustryadvisor.com Daily Mail and Mail on Sunday newspapers.
Concha y Toro increased sales by 9.1% in Q2 - Drinks International - The global choice for drinks buyers drinksint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drinksint.com Daily Mail and Mail on Sunday newspapers.
May 04, 2021 Santiago, Chile Viña Concha y Toro announced consolidated financial results of the first quarter of 2021, with important growth in sales, EBITDA and net profit, as well as an expansion in its margins. Consolidated revenue increased 8.2% in the quarter, driven by an overall volume growth of 10.8% and mix improvement, which translated into higher average prices. As such, EBITDA margin expanded 310 basis points. Largely reflecting these solid operating figures, net profit grew 87.3%. Eduardo Guilisasti, CEO of Viña Concha y Toro, highlighted: “We are very satisfied to present another quarter of strong results for Viña Concha y Toro. In the 1Q21, our financials reflect broadly the delivery of our commercial strategy, in place since 2018, with a greater premium focus on those brands and markets that have the highest potential for value and profitability growth. In the period, our operations continued to work with relative normality and in complianc ....
Viña Concha y Toro and Subsidiaries Achieve B Corp Certification April 26, 2021 Santiago - Following a two-and-a-half years evaluation by global organization B Lab, Viña Concha y Toro is proud to announce it has received B Corporation Certification, which recognizes companies that meet some of the highest global standards of environmental management, governance and social performance. The holding’s production subsidiaries Concha y Toro (Chile), Cono Sur winery (Chile) and Bodega Trivento (Argentina) also received this certification after meeting the requirements, joining Fetzer Vineyards (United States), which had already achieved B Corp certification in 2015. “This certification is a major step forward in our commitment to environmental, social and corporate governance issues, which are a fundamental part of our Company’s strategic pillars of growth. Being part of this global movement is to embark on a path of constant improvement. Our ....