- Excellence
- March 10th, 2025
Viña Concha y Toro experiences significant growth across all product lines in 2024
The Company’s sales climbed by 14.5% in value, while its EBITDA margin increased by 440 basis points, resulting in a 79.5% increase in profits for the year.
Viña Concha y Toro recorded a 9.1% growth in revenues and 4.7% in volume during the fourth quarter, accumulating a 14.5% increase in value to CLP$958.6 billion.
This positive performance was explained by higher sales—the wine segment recorded a 4.1% increase in volume during the year-, exchange rate, and price adjustments.
“2024 proved to be a very positive year for Viña Concha y Toro, marked not only by robust sales and margin performance that set us apart in a challenging year for the alcohol industry but also by one of the biggest milestones in the Company’s history: the prestigious Wine Spectator magazine recognized Don Melchor as the top wine among the 100 best wines globally,” said Eduardo Guilisasti, the Company’s CEO. “This highlights our capacity to deliver exceptional wines while also establishing powerful global brands.”
Guilisasti also emphasized that all the Company’s priority markets experienced significant expansion, showcasing the strength of the Company’s extensive international distribution network, which consists of 12 offices. The United Kingdom, the United States, and Brazil experienced outstanding growth, all achieving double-digit figures.
The Company’s CEO pointed out the remarkable performance of the iconic Casillero del Diablo brand and its line extensions, which saw a 19.8% value growth over the year. Notably, from October to December, the value increase stood at 17.5%. Other brands with a relevant expansion were Trivento, which originated in the Argentine subsidiary, with a 9.5% increase, and Diablo, with 9.3%.
