Financial Results Q1 2026

Purcari Wineries PCL (“Group”, “Company”), one of CEE’s leading wine producers, announced today its financial results for the first quarter of 2026. Group revenue reached RON 89.6 million in Q1 2026, broadly stable versus Q1 2025, as the Group navigates the transitional phase of commercial framework realignment following the Maspex integration. EBITDA grew 17% to RON 27.8 million, with margin expanding 5 percentage points to 31%, demonstrating the Group’s operational resilience. Net profit reached RON 8.0 million, reflecting a RON 4.6 million net FX loss and higher depreciation charges.

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.

Preliminary Financial Results 2025

Purcari Wineries PCL (“Group”, “Company”), CEE’s leading wine producer, announced its preliminary unaudited financial results for 2025. Group revenue rose 14.3% YoY to RON 437.2 million. The Group delivered record Q4 sales of RON 136.5 million, with three out of four quarters in 2025 exceeding the RON 100 million mark.

EBITDA reached RON 114 million (26.1% margin), demonstrating strong operating performance. Net profit stood at RON 50.8 million (11.6% margin), slightly softer than forecasted, mainly due to an unexpected RON 9.3 million FX translation loss driven by the depreciation of local operating currencies.

“2025 was a year of meaningful progress for Purcari. We strengthened execution across our core markets and continued to expand into new geographies, supported by the momentum of our brand portfolio. The 2025 harvest provides a solid foundation for our medium-term plans as it gradually feeds into our cost base and product mix.

During the year, we also went through important changes in shareholder structure and governance. Looking ahead, our priorities remain clear: reinforce the core business, broaden our portfolio, and pursue incremental efficiencies over time across G&A, procurement, logistics and selected commercial functions, to support sustainable growth.” said Victor Bostan, CEO of Purcari Wineries.

Financial Results Q3 2025

Purcari Wineries PCL (“Group”, “Company”), CEE’s leading wine producer, announced its financial results for the first nine months of 2025. Group revenue rose 15% YoY to RON 300.6 million. The company achieved an all-time high third quarter sales of RON 103.5 million, being the second consecutive quarter in 2025 exceeding RON 100 million threshold.  

The 9-months 2025 EBITDA margin reached the upper end of the guidance range at 28%, while the Net Profit margin improved to 12%.  

“We are pleased to deliver another strong quarter, with sales reaching RON 105 million and gross profitability margin improving by 3 percentage points year-on-year to 49.4%. Both EBITDA and net profit margins for Q3 2025 strengthened significantly versus the previous quarter, reaching 33.8% and 19.5%, respectively. We remain optimistic heading into the year-end period, traditionally marked by strong positive seasonality.” said Alexandru Filip, CEO of Purcari Wineries. 

Financial results H1 2025

Purcari Wineries PCL (“Group”, “Company”), CEE’s leading wine producer, announced today its financial results for the first semester of 2025. Group revenue increased by 18% to RON 195.4 million in H1 2025, the best first semester in company’s history in terms of sales, with Gross Profit margin remaining strong at 45% for the second consecutive quarter.  The EBITDA margin stood at 25%, slightly below guidance, while the Net Profit margin remained in the upper single digit reflecting the impact of negative foreign exchange losses on the Group’s local currencies against the euro.

“We are pleased with the solid commercial performance delivered in the first half of 2025, with sales exceeding RON 104 million for the quarter and strong growth across our core markets. Despite short-term profitability pressures primarily from currency volatility, we continue to build scale, expand our footprint, and strengthen our brand portfolio. Backed by the support of MASPEX and the continuity ensured by our founder, Victor Bostan, we are confident in our ability to drive sustainable growth and create long-term value for our shareholders.”, said Alexandru Filip, CEO of Purcari Wineries.