Wine Group doubles net profit in 2Q25 and registers best quarterly EBITDA in history

Wine Group announced that it closed the second quarter of 2025 with a net profit of R$15.9 million, more than double the figure recorded in the same period last year, representing a growth of 107.8%. Year-to-date, the company reversed a loss of R$12.8 million in 2024 to a profit of R$14.3 million.

This performance reflects the strategy adopted since the beginning of 2025, focused on profitability and cash generation, without compromising 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.

EBITDA reached R$45.4 million, the highest ever recorded by the company, with an increase of 8.6% compared to 2Q24, even in the face of a 7.4% contraction in net revenue. The EBITDA margin advanced by 3.2 percentage points, reaching 21.7% in the quarter.

Despite the increase in the benchmark interest rate (SELIC) to 15% p.a., which raised spending on interest and financial charges on loans by 59.3% compared to the second quarter of 2024, Wine Group showed an improvement of R$5.9 million in its net financial result, 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 maintained discipline to deliver sustainable gains in profitability," states Alexandre Magno, CEO of Wine Group. 

The executive assumed leadership of the company in November 2024, during a challenging time for the market, with high interest rates and exchange rates, and therefore implemented a plan focused on operational efficiency. "My first challenge upon taking over management of Wine Group was to ensure that 100% of the team was aligned and engaged with the profitability mindset. Now, the focus is on execution and also on 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 paramount to generating economies of scale, which translate into better commercial negotiations with our partners and, consequently, into better products for our customers," he explains. 

With over 20 years of experience, primarily in business development and strategic planning in the B2C and B2B segments, Magno reveals that for the coming months the goal is to continue the capillarity expansion plan, opening new customers, distributors, and B2B partners, which allows Wine Group's products to reach consumers wherever they are. "We will also continue with our proprietary brands project, 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 we are distributing through Cantu Grupo Wine," he concludes.

Currently, Wine Group operates in B2C under the brand Wine,responsible for e-commerce, physical stores, and the world's largest wine subscription club, and in B2B through its importers and distributors Cantu Grupo Wine,the home of major brands representing over 40 award-winning and globally recognized producers, and Bodegas Grupo Wine, which innovates in wine distribution through an online B2B self-service platform.