US: Asconi Q1 sales on the rise
Asconi Corporation has posted a rise in case sales for the quarter to the end of March. The Eastern European producer of wines and spirits said today (16 May) that it sold around 580,400 equivalent cases in the three-month period.
The figure represents a 27.3% increase on the corresponding period last year, when Asconi sold around 456,000 cases.
Earlier this year, the company posted a 20% increase in case sales for the 2004 fiscal year, shipping 1.97m equivalent cases of wine.
The company packages its wines in containers of various sizes, but gives its figures in measures of equivalent case sizes of 12 X 750ml bottles.
Asconi Corporation has sold approximately 806,500 equivalent cases of wine during the three months ended September 30, 2005....
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