Winemaker Purcari, 19% higher net profit in 2019

Bucharest-listed Purcari Wineries, one of the largest wine producers in Central and Eastern Europe (CEE), announced its revenues increased by 18% year-on-year to RON 199 million (EUR 42 mln) in 2019, while its EBITDA and normalised IFRS net income surged by 25% and 19% respectively, to RON 68.2 mln (EUR 14.3 mln) and RON 44.5 mln (EUR 9.4 mln) respectively. “We continued to deliver on our ambitious growth plans and we look forward to sustaining ...

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