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PORTUGAL: Turnover up 9% at Aveleda

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The Portuguese wine group, Aveleda, recorded turnover of €26m ($27.3m) for 2002, up 8.8% from €23.9m ($25.1m) in 2001.

Aveleda said volume sales in Portugal were up by 25% in 2002 and it sold more than 13m bottles to 90 international markets.

Aveleda is a privately owned company whose principal brands include Casal Garcia, Quinta da Aveleda and Aveleda Alvarinho.


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