Santa Margherita italian wine merchants 2008 profits

Santa Margherita italian wine merchants closed 2008 with growth of 6% of consolidated turnover, a business of 88 million euros, an EBITDA of 22.6 and a net profit of 12.2 million. "The positive results confirm - said AD Ettore Nicoletto - the appreciation of the market for our brands and our products, even in a difficult economic environment. And the validity of the choices and investments, amounting to 17 million for the three years, aimed at improving the structure of production, commercial and organizational. " The Group is driven by the success of Pinot Grigio and other wineries: Franciacorta Ca 'del Bosco with the Alto Adige with Kettmeir, Trentino with Santa Margherita, Veneto Prosecco Eastern and yet with Santa Margherita and Torresella, Chianti Classico with Lamole by Lamole and Vistarenni Maremma, Tenuta Sassoregale with and Sicily with Terrelìade Feudo and Zirtari. Strategies for 2009 point to consolidation in the Italian, U.S., Canadian and English market and the development of other European markets, China, India and Australia.