The Spanish winemaker Federico Paternina has reported a first half net loss of €2.8m, compared to a loss of €2.26 million for the same period last year.
The company blamed the poor 1999 harvest, but assured that the second half should improve once it begins selling the better 2000 vintage.
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Sales for the period reached €17.08m, an increase on the €14.42m a year ago.
