Concha y Toro Posts Resilient Results

Chile's largest wine producer, Concha y Toro, has reported healthy figures for the first half of 2009. Despite global demand for wine stagnating on the back of the economic downturn, the firm reports that, in the six months to June, its net sales increased by 19.5% to reach CLP163mn. Over the six months export sales increased by 19% to reach CLP117.9mn, while in volume terms exports were up by 10%. Domestic wine sales rose by 4.5% to reach CLP23.4mn on the back of a 3.4% increase in

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