Le Marchesine is expecting to post a jump in full year turnover to €1.2m (US$1.4m), compared to €950,000 for the previous year.

Reports in the Italian press said the wine and grappa group was expecting to produce 350,000 bottles. Exports are expected to grow to 20% of the output compared to 8% last year.

Production is expected to rise to some 400,000 bottles a year, in the next three-year period.