Harvest of 2016 and 2017 passing the bill to the wine industry
The weak vintages of 2016 and 2017 added to the lower exchange rate, affected the profits of the wine companies in the first half of 2018, despite the sales strategies to make the business profitable. The first six months of the year were complex, mainly for the wine companies that are in the stock market. In summary, they experienced a 7% drop in profits in the same period last year. According to the information of the sector, the main determinant…