Oeneo: Half-Year Review and Outlook

The Oeneo Group recorded revenue of €133.1 million in the first half of fiscal year 2026-2027, a decrease of 5.1% compared to the previous year. This decline is attributed to the ongoing difficulties in the wine and spirits market. The recent acquisitions of Altasur and Lamouroux generated an additional €3 million in revenue, somewhat mitigating this drop.

The Corking division saw its sales decline by 1.3%, while the Livestock division experienced a more significant decrease of 15.8%. The latter was particularly affected by reduced volumes and weak orders from producers.

To meet these challenges, Oeneo is pursuing its strategy of diversification, cost optimization and innovation, while anticipating an operating profitability slightly above 11%.