SPAIN: Profits rise 1.9% at Baron de Ley
Rioja winery, Baron de Ley, has posted H1 profits of € 7.64m (US$6.85m), up 1.9% on the first half of last year. Sales reached € 26.04m, up 5% on the previous year. EBITDA was up 5.6% at € 11.17m. Export sales accounted for 34% of the sales volume. A spokesman for the bodega said that sales were back in line with budget after the disappointing Q1 results. Investments during the first half were running at € 7m, mainly at the wineries at El Coto de Rioja and Cigales.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- How the can has a part to play in beer's future
- What do US wholesalers think of spirits trends?
- Experienced hands hold firm at CCEP - Analysis
- It isn't just men who like beer - Comment
- Why sports drinks fail to ride the Olympic wave
- Diageo Australia's commercial head to step down
- Stoli Group CEO Rob Cullins to step down
- William Grant sees 2015 sales, profits lift
- Diageo reveals revival plan for former factory
- Jose Cuervo applies to go public
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends