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 14 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
- Scottish Independence and Scotch Whisky
- Whisk(e)y leads vodka in US, but for how long?
- Wine in the UK: Tell Us Something We Don't Know
- SABMiller spurned by Heineken: The start of the en
- Sustainability in Spirits - Part I
- LIVE BLOG: Industry responds to Scotland 'No' vote
- Diageo ups Johnnie Walker Formula One presence
- Diageo settles Explorers Club trademark dispute
- A-B InBev shakes up Euro units, UK head steps down
- Bacardi lifts curtain on Bombay Sapphire distiller