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Spain’s Zamora Co. Shows Strong Sales Rebound

July 18, 2022

Cartagena, Spain-based wine and spirits group Zamora has revealed results showing a 28% increase in turnover to €220 million ($221m) for 2021, with sales up 6% compared with pre-pandemic 2019. EBITDA jumped 59% year-on-year to €43 million ($43m). CEO Javier Pijoan said “our performance is really positive in a year marked by the impact of the Covid-19 pandemic on the on-trade channel and the global difficulties of the supply chain.”

Zamora Co. USA, the group’s U.S. subsidiary, has a portfolio including Licor 43, Double Cross Vodka, Yellow Rose Whiskey, Don Papa Rum, Martin Miller’s Gin, Lolea Sangria, Villa Massa Limoncello, plus Spanish wines Ramon Bilbao, Cruz De Alba, and Mar de Frades. According to Impact Databank, top brand Licor 43 jumped almost 40% to 95,000 cases in the U.S. last year, while Lolea Sangria rose 27% to 36,000 cases. Ramon Bilbao wines from Rioja and Rueda are also doing well stateside and are expected to post double-digit growth from a small base this year.—Daniel Marsteller

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