The Wine Group announced that it closed the second quarter of 2025 with a net profit of R$ 15.9 million, more than double the amount recorded in the same period last year, representing a growth of 107.8%. In the year-to-date, the company reversed the loss of R$ 12.8 million in 2024 to a profit of R$ 14.3 million.
The performance reflects the strategy adopted since the beginning of 2025, focused on profitability and cash generation, without giving up operational excellence and market leadership. The quarter was marked by a 1.8 percentage point gain in gross margin, which increased from 46.1% to 47.9%, driven by adjustments in commercial and pricing policies, as well as austerity in operating expenses, with a 14.9% reduction in sales expenses.
The EBITDA reached R$ 45.4 million, the highest ever recorded by the company, with an increase of 8.6% compared to 2Q24, even with a 7.4% decrease in net revenue. The EBITDA margin advanced by 3.2 percentage points, reaching 21.7% in the quarter.
Despite the increase in the basic interest rate (SELIC) to 15% p.a., which raised interest expenses and financial charges on loans by 59.3% compared to the second quarter of 2024, the Wine Group presented an improvement of R$ 5.9 million in net financial results, benefiting from the appreciation of the real against the dollar, which generated gains from currency protection instruments.
“This result confirms that we are on the right track. We adjusted our pricing policy, optimized expenses, and continue with discipline to deliver sustainable profitability gains,” says Alexandre Magno, CEO of the Wine Group.
The executive took over the leadership of the company in November 2024, in a challenging time for the market, with high interest rates and exchange rates, so he put into practice a plan focused on operational efficiency. ‘My first challenge when taking over the management of Grupo Wine was to ensure that 100% of the team was aligned and engaged with the profitability mindset. Now, the focus is on execution and also extracting even more value from the leadership position we have consolidated in recent years. In our sector and in the Brazilian market, having volume is essential to generate economies of scale that translate into better commercial negotiations with our partners and, consequently, into better products for our clients,’ he explains.
With over 20 years of experience, mainly in business development and strategic planning in B2C and B2B segments, Magno reveals that for the coming months the goal is to continue the capillarity expansion plan, opening up new customers, distributors, and B2B partners, allowing Grupo Wine’s products to reach consumers wherever they are. ‘We will also continue with our project of proprietary brands, developing products aligned with the taste preferences of the Brazilian consumer and with excellent cost-benefit. Last year, we launched the brands Metropolitano, Kaipu, and Maraví, the latter two in partnership with Miolo, with the winery Entre Dois Mundos. This year we have already launched Dínamo, a Chilean wine that we are distributing through Cantu Grupo Wine,’ he concludes.
Currently, Wine Group operates B2C with the brand Wine, responsible for e-commerce, physical stores, and the world’s largest wine subscription club, and B2B with its importers and distributors Cantu Grupo Wine, the home of major brands representing over 40 award-winning and recognized producers worldwide, and Bodegas Grupo Wine, which operates with innovation in wine distribution through a B2B self-service online platform.
