Schloss Wachenheim AG Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022
February 21, 2023 at 11:04 pm
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Schloss Wachenheim AG reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was EUR 141.96 million compared to EUR 132.71 million a year ago. Net income was EUR 4.42 million compared to EUR 8.65 million a year ago. Basic earnings per share from continuing operations was EUR 0.56 compared to EUR 1.09 a year ago. Diluted earnings per share from continuing operations was EUR 0.56 compared to EUR 1.09 a year ago.
For the six months, sales was EUR 239.98 million compared to EUR 219.36 million a year ago. Net income was EUR 8.79 million compared to EUR 11.68 million a year ago. Basic earnings per share from continuing operations was EUR 1.11 compared to EUR 1.47 a year ago. Diluted earnings per share from continuing operations was EUR 1.11 compared to EUR 1.47 a year ago.
Schloss Wachenheim AG, formerly Sektkellerei Schloss Wachenheim AG, is a Germany-based producer and supplier of sparkling wine. The Company offers sparkling, semi-sparkling, and carbonated sparkling wine products, non-alcoholic sparkling wine, and various wine-based beverages. It markets its products worldwide and operates production facilities in Germany, France, Poland, and Romania. Its brand portfolio comprises Faber, Feist, Light Live, Robby Bubble, Schloss Wachenheim, Nymphenburg Sekt, Azzurro, Kleine Reblaus, Premiat, Schweriner Burggarten, Charles Volner, Muscador, Opera, Cin&Cin and Dorado. Its subsidiaries include CEVIM SAS, Reichsgraf von Kesselstatt GmbH, and AMBRA SA, among others.