Santiago, Chile, April 16th, 2013 - Viña Concha y Toro S.A. ("The Company" or "Concha y Toro") (NYSE: VCO, Chile: Conchatoro), informed today its preliminary sales for the first quarter 2013. Consolidated sales totaled Ch$ 88,416 million, showing a 2.2% increase as compared to the same quarter last year.
For the quarter, sales of export markets in Chilean Pesos, increased 3.8%; Sales of wine in the domestic market dropped by 5.8%; Domestic market - New Business increased 2.1%; sales of the Argentine subsidiary decreased 10.3% and sales of Fetzer increased 8.8% against same quarter last year.
We believe is important to consider that export market volumes were affected by the port strike in Chile during March; where around 1,485 thousand liters couldn't be shipped.
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