Oeneo SA Reports Turnover Results for the Second Quarter and Six Months Ended September 2017
November 05, 2017
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Oeneo SA reported turnover results for the second quarter and six months ended September 2017. For the quarter, the company reported turnover of EUR 70.7 million compared to EUR 64.8 million a year ago.
For the six months period, the company reported turnover of EUR 135.7 million compared to EUR 127.8 million a year ago.
Oeneo is the world's No. 1 of cooperage for winemaking and the world's No. 2 of wine corking products. Net sales break down by family of products as follows:
- corking products (70.2%): primarily high-tech cork stoppers for still wines, sparkling wines, and fortified wines, for the Diam and PIETEC lines;
- cooperage (29.8%): casks, barrels, tanks, drums and alternative products (powders, wood chips, and staves) marketed under the Seguin Moreau, Boisé, Tonnellerie Millet, Fine Northern Oak and Galileo brands.
Net sales are distributed geographically as follows: France (28.7%), Europe (39%), America (25.1%), Oceania (1.7%) and other (5,5%).
OENEO 
