ADVINI: € 104.3 million turnover for the first half of 2012

he Advini group (present on the French stock market) has just released its financial results for the first half of 2012. Compared to 2011, sales increased by 8%. The group is progressing as much in the French market (+8.4% in supermarkets, 5.6% in traditional networks) as it is in exports (+8.7%). Amongst the export markets, three countries display strong growth: China (+20%), USA (+41%) and Russia (+37%).

Advini profit margins have also increased, reaching € 35 million net profit (+2 M €) with a margin of 33.6%. These positive results are due to the rise in the price of wine and the cessation of certain markets deemed unprofitable. Born from the fusion of Jeanjean and Laroche in 2010, Advini is the third largest French wine distributor.