Concha y Toro Q2 2026: Brazil is growing double digits, the US is stabilising, and the 2026 harvest gives them a tailwind heading into H2

Viña Concha y Toro reported second quarter 2026 results on 3 August 2026. Consolidated Q2 sales were CLP $233,282 million, down 4.0% on Q2 2025. Wine volume fell 4.7% to 7,622 thousand nine-litre cases. EBITDA fell 13.4% to CLP $35,161 million, with the EBITDA margin contracting 120 basis points to 15.1%. Net income grew 2.1% to CLP $19,407 million, with the net margin improving 60 basis points to 8.3% – the only key metric to improve year on year. For the first half of 2026, consolidated sales were CLP $425,895 million, down 1.8% on H1 2025, with wine volume down 6.2% and H1 net income down 14.0%. CEO Eduardo Guilisasti said the company expects the second half of 2026 to show stronger results than 2025 and described the improving trend as continuing into coming quarters.