Viña Concha y Toro (CyT) has reached a ‘milestone’ in its sales career, with more than half of the company’s wine revenues stemming from higher-value products.
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Chilean producer Viña Concha y Toro's profits increased by 15% in the third quarter boosted by a better product mix, increases in its domestic market and real estate income which partially offset the global logistics crisis that affected shipments.
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Net profits at Chilean wine giant Viña Concha y Toro have risen 54% in the third quarter, the company has announced, with EBITDA growing 53%.
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