Concha y Toro Raises Dividend Payout to 50% After Second Year of Revenue Growth

Viña Concha y Toro, one of Chile’s largest wine producers, reported a 1.7% increase in overall revenue for its 2025 financial year. The company’s wine segment performed even better, with revenue rising by 2.8%. This marks the second consecutive year of revenue growth for the group, which is known internationally for brands such as Casillero del Diablo and Don Melchor.

The company’s board has responded to these results by proposing a change in its dividend policy. Instead of distributing the usual 40% of profits to shareholders, Concha y Toro plans to increase this to 50%. In addition, the board announced a share buyback program that will cover 3.93% of outstanding shares.

Sales growth was seen across most of the company’s brands. The flagship Casillero del Diablo range saw sales rise by 2.5%. The company’s focus on premiumization also paid off, with value sales of “premium and above” brands increasing by 4.3%. The luxury Don Melchor brand stood out with an 84.6% jump in value sales during 2025. According to company data, 57.4% of total sales now come from the premium and above segment.

Concha y Toro expects to achieve savings of 28 billion Chilean Pesos between 2026 and 2027 through an efficiency and simplification plan. CEO Eduardo Guilisasti said that the company’s business strategy had proven resilient during a challenging year for the global alcoholic beverages industry, which continues to face economic uncertainty and volatility.

Guilisasti credited the company’s vertically integrated business model and international distribution network for supporting positive results in value sales. He also indicated that Concha y Toro will continue to focus on premiumization and new product development in line with market trends.

Earlier this year, Concha y Toro expanded its European presence when its subsidiary VCT Europe acquired a majority stake in Maison Mirabeau, a Provence rosé producer. This move is part of the company’s ongoing strategy to strengthen its portfolio and international reach.

The company operates from its headquarters at Centro del Vino Concha y Toro in Santiago, Chile, and distributes its wines globally through both proprietary channels and strategic partners.