OENEO reports drop in first-quarter sales

The OENEO Group announced revenue of €69.8 million for the first quarter of the 2025-2026 fiscal year, down 6.1% from the previous year. This decline is attributed to challenges in the wine and spirits market, including a global slowdown in consumption and economic uncertainty. Customers, faced with slower inventory sales, are postponing investments.

The Closures division reported €57.8 million, down 5.0%, although it showed some resilience thanks to ranges such as Diam. Meanwhile, the Livestock Division recorded sales of €12.0 million, down 10.7%, impacted by cautious buyers, particularly in France and the United States.