EBITDA went up by 19% year-on-year, to RON98.6 million.

Purcari has a RON580 million capitalization, after its share have gained 62.25% in the past year.

“This past year was a difficult one for our region, but we coped well and are proud of the results achieved, again over-performing against the announced guidance. We continue building our platform to deliver on our vision to become the undisputable wine leader in CEE. We look forward to robust growth going forward, capitalizing on our strong brands, solid route to market, excellent asset base and talented team”, said Victor Bostan, CEO of Purcari Wineries.

In Romania, revenues went up by 22% from 2022, an advance about which Purcari said was registered for all brands. Moldova climbed by 4% and the company mentions that Purcari premium wines posted growth across all channels, both by value and volume.

In Poland, sales were flat from 2022 amid a strong rebound in the fourth quarter after two consecutive weak quarters.

In Czechia and Slovakia, the recovery trend continued after a weak start to the year.

(English version by Catalina Apostoiu)