EBITDA rose by 17% to RON27.8 million and EBITDA margin expanded 5% to 31%.
The quarter was also marked by significant M&A activity, with two acquisitions signed in Romania: SERVE Ceptura, a heritage winery and one of Romania’s first private labels post-1989, joining the Group in May 2026 after signing de SPA in March, and CaraprodVin SRL establishing the Group’s first operational presence in Vrancea, Romania’s largest grape-producing region, signed in April 2026 subsequent to quarter end.
“Q1 2026 reflects a deliberate transition. We are reshaping our commercial framework across CEE markets alongside Maspex, which creates short-term volume pressure but builds a structurally stronger distribution platform. Our operational resilience is evident in the 17% EBITDA growth and margin expansion to 31%. In parallel, acquiring SERVE Ceptura and establishing our presence in Vrancea marks a significant step toward building a more integrated premium wine platform in Romania.” said Victor Bostan, CEO and Founder of Purcari Wineries.
Romania: +5.4% YoY to RON 55m, a resilient result against a backdrop of fiscal austerity measures and softening consumer demand, reinforcing its position as the Group’s primary growth engine. • Bulgaria: +40% YoY to RON 5m, with distribution gains translating into meaningful market share progress, surpassing Poland to become the Group’s third largest market. • Moldova: +2.1% YoY, with the portfolio maintaining channel presence. • CEE: down 17.1% YoY, reflecting the transitional phase of Maspex integration across Poland, the Baltics, Czechia and Slovakia; new distribution frameworks expected to unlock accelerated growth once fully operational.
In the rest of the world, Purcari registered a 31% decline as the group reorients select markets toward higher-margin commercial structures; near-term volumes impacted by logistics headwinds and global macroeconomic uncertainty.
Purcari has a RON783 million capitalization and the company’s shares have shed 2% from the start of the year.
(English version by Catalina Apostoiu)