Oeneo Group Reports Q1 Turnover of €66.4 Million

Oeneo Group announced a turnover of €66.4 million for the first quarter of 2026-2027, indicating a 4.9% decrease from the same period last year. In a challenging environment for the wine sector, marked by low production volumes and declining global wine consumption, the Group's performance varied across divisions.

The Closures Division showed resilience with a turnover of €56.7 million, a slight decline of 1.8%, reflecting steady sales in mid-to-high-end segments. Despite a difficult economic landscape, the division maintained customer loyalty and explored new markets.

Conversely, the Winemaking Division saw a significant 19.6% drop in turnover to €9.7 million, as cautious investments from winegrowers continued. The Division is focusing on cost adjustments and strategic positioning, including the acquisition of Lamouroux, to enhance its offerings.

Oeneo remains committed to consolidating its business and pursuing innovation while managing costs and cash effectively.