Skip to main content

The stock exchanges promote the wine stocks, which, from January 2020 to today, have been able to react to the crisis caused by the pandemic and get back on top, coming in most cases to return to positive territory. A reassuring trend, which demonstrates the state of health of the economy, and the confidence in the recovery of consumption outside the home, which make wine & spirits a sector in constant growth.
In Italy, there are two wine companies listed on the Milan Stock Exchange, on the Aim, the list dedicated to SMEs: Masi Agricola and Italian Wine Brands, both in a positive rebound after the difficulties of 2020. Masi Agricola has gone from 3.2 euro per share on 2 January 2020 to 3.38 euro on 7 June 2021, an increase of 5.6%. Italian Wine Brands, on the other hand, experienced an exceptional leap, going from € 12.95 per share on January 2, 2020 to € 32.4 per share on June 7, 2021, up by 150.2%. Gambero Rosso should be mentioned, even if it is not a winery, but it is, however, the most important wine & food group in Italy
, led by Paolo Cuccia, who from € 0.65 per share on January 2, 2020 fell to € 0.525 on June 7, 2021, for a drop of 19.2%. The trend, from the placement of the stock on the AIM at the end of 2015, has never been positive in fact: just think that on the day of the debut the placement price was 1.6 euros, more than triple the current price.
Even the multinationals of wine & food listed on the foreign stock exchange, as reported by “Affari & Finanza – La
Republic, they start running again. Campari, which has in its portfolio, in addition to Aperol, which has become the king of the aperitif in the world, brands such as Cinzano, Mondoro, Riccadonna and Champagne Lallier, immediately recovered from the splash of March 2020, closing last year up by 15.4 %, and arriving, at the end of May, to score growth, from January 2020, of + 21.7%. Pernod Ricard, second spirits producer after Diageo, which boasts brands of the caliber of Perrier-Jouet and Mumm in the wine division, the third best-selling Champagne in the world, but also the Californian Kenwood, the Spanish Campo Viejo, the New Zealand Brancott Estate and the Australian Jacob’s Creek. It took more than a year to grow again, closing the period January 2020-May 2021 with a + 4.8%.
In the USA, on the other hand, Constellation Brands Group, which means two giants like Mondavi and Ruffino, experienced a trend very similar to that of the Campari Group: it closed 2020 positively, gaining more than 10% since the beginning of the year, and 2020 26%, which pushes Constellation Brands Group shares to an all-time high, at $ 240 per share.
Finally, the only negative note, which comes from the Australian Treasury Wine Estates, the largest wine producer in the world listed on the stock exchange, with properties everywhere, from Australia to New Zealand, from California to Asia, from South America to Europe, including Italy, with two brands, Cavaliere d’Oro and Stellina di Notte. With the political crisis between Australia and China, which imposed duties of 175% on Australian wine production, even the performance of the stock on the stock market was catastrophic, with a loss of 32.1% between January 2020 and May 2021, recovering after closing 2020 at -40%.

Contacts: [email protected]
Follow us also on Twitter: @WineNewsIt
Follow us also on Facebook: @winenewsit

This article is taken from the WineNews archive – All rights reserved – Copyright © 2000/2021

Marco Ribaudo

Marco Ribaudo

For the love of food and wine! Marco Ribaudo, Certified Sommelier, with 25 years in the food and beverage industry now invites you to join him in his latest adventure, the opening of la Cucina del Vino to share his culture and passion for creating unforgettable memories around the table.

Leave a Reply