Oeneo: 15% revenue growth in the 3rd quarter – 01/24/2023 at 12:00


(CercleFinance.com) – Oeneo announces that it achieved revenue of 88.7 million euros in its third quarter 2022-23, up 15.3% (+14.5% at constant exchange rates) , with consistent contributions from its two breeding and closure divisions.

Revenue for the first nine months of 2022-23 thus increased by 11.2% to 261.9 million euros (+10.3% at constant exchange rates), the two activities having each achieved the the highest nine-month turnover in their history.

The advance taken reinforces Oeneo’s confidence in its business plan, which anticipates a sharp slowdown in the fourth quarter given a demanding comparison base and anticipated orders for the third quarter.



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