Solid results for Purcari producer in 2018 | Progresiv

Purcari Wineries winemaker reported a turnover of 169 million lei for 2018, up by 19% and a net profit of 46 million lei, marking an advance of 58% compared to the previous year, according to the financial report published by the company.

"A year ago we were listed on the stock market and we are happy about the performance we made in 2018. We maintained a high level of growth, taking advantage of the investments in quality we have made over the years. Consumers, especially the new generation, are becoming more and more selective and sophisticated in terms of wine, which benefits us. 2019 started promising for us, we set ambitious plans", said Victor Bostan, General Manager of Purcari Wineries.

Regarding regional performance, the best result was recorded in Romania, where the company had a sales increase of 30%, followed by Poland (+ 22%), Moldova (+ 19%) and Czech Republic and Slovakia + 9%). The opposite is Asia, where Purcari reported a 4% drop in sales.

In Romania, Purcari has a market share of 9% per total and a 30% share on the premium segment, according to public data, ranking fourth among the top players in the wine market.