The Chilean winery, Concha y Toro, posted a net profit for the second quarter of US$7.5m, down 8.1% from the second quarter a year earlier. The company attributed the drop to the fact that the second-quarter figures last year had been augmented by an extraordinary gain from asset sales.
Operating income in the second quarter rose by 11% to US$9.6m on the back of revenue growth in the UK and Argentina. Higher administrative costs had offset some of the positive effects from revenue growth, the company said.
Second-quarter revenues at Concha y Toro, Chile’s largest wine producer, increased by 19.3% to US$55m though domestic sales growth was put at only 2%.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
Discover the Impact
