The IR Director of Purcari Wineries Group, Eugeniu Baltag, at the 3rd edition of the Quarterly Report event by TradeVille.

At the 3rd edition of the Quarterly Report event by TradeVille, the IR Director of Purcari Wineries Group, Eugeniu Baltag, FCCA, highlighted the Group’s wineries successes for 2023: doubling the revenues since 2018 (from IPO) to 369 million RON, an impressive historical increase in EBITDA and Net Profit, maintaining in the FTSE Global MicroCap Index and MSCI Romania Small Cap Index, as well as a 69% increase compared to last year in performance, becoming the fourth most successful company in the BET index. These achievements underline the effective strategy of the Purcari Wineries Group, based on innovation and superior quality, in a challenging economic and geopolitical context.

With an extensive presence in over 40 countries and market leadership in Romania and Moldova, the Purcari Wineries Group continues to stand out through the quality of its wines and the “Affordable Luxury” business model. The ambitious objectives for 2024, anticipating a revenue growth at the Group level between 16-20%, an EBITDA between 26-28%, and a Net Profit between 14-16%, reflect the company’s commitment to excellence and sustainable growth. Hence, the Purcari Wineries Group emerges as a beacon of achievement within the wine sector, possessing a distinct vision for what lies ahead.

The entire presentation can be followed at the link: https://lnkd.in/d8sVM2JG