Anora - Brands for the bunker

Here are Rauli’s comments on the figures of Viva Wine, the main competitor of Anora’s Wine segment. :slight_smile:

Anora’s Wine segment’s main competitor, Viva Wine, reported its Q1 results yesterday. Viva’s revenue grew slightly organically in the Nordics, even though market volume was in a slight decline. Due to an acquisition and a change in reporting, the profitability of the Nordic region is no longer directly visible from Viva’s reported figures, but based on comments, it improved in Q1 compared to the previous year. Compared to Anora’s Wine segment, Viva’s sales development was clearly better and profitability remains at a superior level.

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