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Viña Concha y Toro S A : CONSOLIDATED RESULTS 2Q25
Viña Concha y Toro S A : CONSOLIDATED RESULTS

About this update from Vina Concha Y Toro S.a.
P R E S S VI NA C ONCHA Y T ORO r A M T LY 0 F N E W W0 R £ D W I N E R I E S Index CHAPTER 01 Highlights CHAPTER 02 CEO's Comments CHAPTER 03 2Q25 Results CHAPTER 04 1H25 Results CHAPTER 05 Income Statement CHAPTER 06 Statement of Financial Position as of June 30, 2025 Press Release (*) Viña Concha y Toro (*) The consolidated figures used in the following analysis are denominated in Chilean pesos in adherence to the reporting standards established by the Financial Markets Commission of Chile. As a result of rounding, the numbers presented throughout this document may not add up precisely to the totals provided, and percentages may not exactly reflect the absolute figures. About Viña Concha y Toro Founded in 1883, Viña Concha y Toro is the leading Latin American winemaker and one of the world's largest wine companies. With over 12,000 hectares of vineyards spread across Chile, Argentina, and the United States, the Company's wine portfolio boasts iconic brands such as Don Melchor, Almaviva (a 50%-50% joint venture with Baron Philippe de Rothschild), its flagship brand Casillero del Diablo, Trivento from Argentina, and Bonterra brands from California. Forward-Looking Statements Investor Presentation Tuesday, August 05, 11:00 hrs. Contact: Daniela Lama Head of Investor Relations [email protected] [email protected] This press release may contain some forward-looking statements about the Company's financial condition, results of operations, and business, as well as specific plans and objectives related to these matters. Forward-looking statements are declarations of the intentions, beliefs, or expectations of Viña Concha y Toro and its administration regarding the Company's future results. Forward-looking statements inherently carry risk and uncertainty as they pertain to future events and circumstances. CHAPTER 01 Highlights M: Million CHAPTER 02 CEO's Comments The second quarter experienced significant economic uncertainty and global volatility, continuing a complex environment for the worldwide alcohol industry. Despite these challenges, Viña Concha y Toro's performance maintained a strong revenue growth streak for seven consecutive quarters. The Company's sales increased by 3.2% in the second quarter, primarily thanks to a larger share of higher-value brands. This shift also led to a 2.1% increase in the average price. From April to June, premium and high-end products made up 54.3% of sales, emphasizing the Company's focus on premiumization. From the main markets' perspective, the United Kingdom (+1.8%), Brazil (+10.5%), Chile Wine (+4.5%), and China (+4.2%) experienced the highest growth in value. The brands that stood out during this period were Don Melchor, our award-winning flagship wine ranked as TOP 1 in 2024, which saw a 208.3% increase in sales, Casillero del Diablo (+1.2%), Diablo (+14.2%), and the Trivento Reserve brand from our Argentine subsidiary (+2.7%). Tariff measures, increased taxes in certain markets, and intense competition in lower-value products led to narrower margins for the period. Operating earnings reached CLP$28,161 million, including write-offs, which is a 15.3% drop from CLP$33,241 million in the same quarter of 2024. The operating margin was 11.5% for the quarter, down by 250 basis points. Overall, Viña Concha y Toro has enjoyed a positive semester, marked by sales growth and an increased market share in Chilean exports-from 35.8% to 37.5% in volume as of May-despite the industry environment. The Company's ongoing adjustments and efficiency initiatives, along with its ability to adapt to new trends and consumer preferences, foster optimism for the second half of the year. Notably, the opening of the renovated Wine Center in Pirque has received an excellent response from visitors.
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