Sunday, 9 February 2014
8.2.14 Gonzalez Byass Turnover Up 10%
Gonzalez Byass has achieved a gross turnover of 259 million euros for the financial year to August 2013 versus 238 million in 2012, representing a rise of just over 10%. Sales in Spain were consolidated at 75 million, and export sales increased. On top of that, over the last three years, the company has managed to substantially reduce its debt. Not bad during a financial crisis, though it should be remembered that Sherry only accounts for some of this. The company produces many light wines, such as Cava, Rioja, various Vinos de la Tierra, Somontano, as well as a range of spirits.