Trier, 22 February 2023. During the first half of 2022/23 (to 30 June), Schloss Wachenheim AG succeeded in raising its gross revenue by 9.4 % to EUR 240.0 million. This was predominantly due to price increases that had to be implemented as a result of higher raw material and energy prices. Across the Group, the number of bottles sold (converted into 0.75l bottles) stood at 135.5 million, almost matching the figure for the first half of 2021/22 (135.9 million bottles).  

The operating profit/loss (EBIT) in the first six months was EUR 20.8 million (previous year EUR 24.4 million). This was first and foremost the result of exceptional expenses of roughly EUR 4.4 million relating to the outsourcing of production capacities from Wissembourg (France) to Tournan-en-Brie (France). In addition, a gross profit margin that has increased by 5.1 % to EUR 99.5 million is offset by increases in personnel and other administrative expenses, especially energy costs.

For fiscal year 2022/23 as a whole, Schloss Wachenheim AG continues to expect sales to decrease marginally and gross revenue to increase due to higher prices across the Group. The company’s forecasts also remain unchanged for the operating profit/loss (EBIT) for 2022/23, which it expects – taking into account the expenses arising from the restructuring of production capacities in France – to be somewhere in the range of EUR 20.5 million and EUR 22.5 million (previous year EUR 29.2 million).