SPAIN: H1 profit down at Baron de Ley
Baron de Ley has reported a net profit of €28.3m (US$15.9m) for the first half of 2005, representing an 11.2% decline from the corresponding period a year earlier.
Operating profits were down for the Spanish wine company by 10.6% at €31.3m on sales up by just 0.74%. Exports rose by 14%.
Bottled wine accounted for 97% of sales. Investment stood at €5.8m, while cash flow reached €13.6m, the Rioja-based company reported.
- Has the politics of M&A changed? - Analysis
- Fruit-flavoured beer? Think of the kids - Comment
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Interview, Fever-Tree's founders
- Anheuser-Busch readies US executive switches
- Brexit paperwork offers alcohol smuggling opp's
- Diageo's Captain Morgan LocoNut - NPD
- Asahi’s Peroni Ambra - NPD
- Irish whiskey hails bid to relax distillery sales
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global rum insights - market forecasts, product innovation and consumer trends