Vina Concha y Toro Ends 2009 With a 12.3% Growth in Sales

USA - English

• USA - English
• USA - English
• USA - English

SANTIAGO, Jan. 15 /PRNewswire-FirstCall/ -- Vina Concha y Toro (NYSE: VCO) informed today preliminary sales for the fourth quarter and year 2009. The company ended year 2009 with consolidated sales of Ch$353,552 million, showing a 12.3% increase as compared to year 2008. Growth was led by higher sales in foreign markets and an increase in wine and other product sales in Chile. For the year, total exported volume increased 8.7% and the domestic market grew 3.5%. Volume for the Argentine subsidiary decreased 4.9%.

For the quarter, total sales reached Ch$93,897 million, representing a 5.7% increase following positive growth in both the export and domestic markets. In the quarter, export volume increased 13.8% and the domestic market grew 3.6%. Sales volume for Argentina decreased 8.3%.

                          4Q2009   4Q2008  % change    2009     2008  % change
    Total Sales (millions
     of Chilean pesos)    93,897   88,798     5.7%  353,552  314,756    12.3%
    Export markets        65,874   63,894     3.1%  250,929  225,694    11.2%
    Domestic market -
     Wine                 14,213   12,959     9.7%   53,631   50,184     6.9%
    Domestic market -
     Other products        5,521    1,378   300.5%   14,824    4,154   256.8%
    Argentina              6,122    7,910   -22.6%   24,378   24,376     0.0%
    Other (1)              2,167    2,656   -18.4%    9,790   10,347    -5.4%

    Volumes               4Q2009   4Q2008  % change    2009     2008  % change
     (thousands of liters)
    Export markets        41,500   36,461    13.8%  158,188  145,468     8.7%
    Domestic market -
     Wine                 18,737   18,092     3.6%   74,235   71,742     3.5%
    Argentina              5,233    5,709    -8.3%   20,734   21,799    -4.9%

     (1) Includes bulk wine sales.


    Contact:
    Blanca Bustamante
    Head of Investor Relations
    Vina Concha y Toro
    (562) 476-5026

SOURCE Vina Concha y Toro