Schloss Wachenheim is set to see its annual sales inch up year-on-year – but land below the Germany-based sparkling-wine group’s forecast.
In May, the publicly listed business projected a 3% rise in sales for the year to the end of June.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
However, in a brief stock-exchange filing ahead of the publication of the annual results later this month, Schloss Wachenheim provided an update.
The company said preliminary figures show it generated revenue of €448.9m ($521.9m) in the 12 months to 30 June, up 0.3% on a year earlier.
Schloss Wachenheim said the result would be in line with expectations made earlier in the year but acknowledged in May it had forecast stronger growth.
Volume sales, measured in terms of 750ml bottles sold, are expected to increase 2.4% to 229.6 million bottles.
The shortfall in sales is set to contribute to Schloss Wachenheim’s profits also missing expectations.
The preliminary numbers show EBIT is approximately €27.6m. That would also be an improvement on a year earlier, when Schloss Wachenheim booked €27.2m but lower than its €30-33m forecast.
Similarly, Schloss Wachenheim’s estimated net income after taxes of around €16.4m is better than the €16.2m posted in 2024/25 but short of the forecast range of €18-21m.
The company noted its fourth-quarter performance “fell short of expectations” across all its divisions.
