Masi Agricola S.p.a., 1H2017
Masi Agricola is a winery rooted in Valpolicella Classica, which produces and distributes quality wines anchored to the values of the Venetian territory. Today Masi is leader in the production of Amarone, which produces the widest and qualified range in the international market.
In the 1H2017 Masi financial results suffered because of global shrinking consumption, high competition and highly segmented supply; the revenues decreased 1% yoy and amounted to 29.2M€ net of the increase in revenues resulting from the inclusion of Canevel in the consolidation scope.
Masi Agricola Spa. Masi Agricola SpA (Masi) is an Italy-based company engaged in the distillers and wineries industry. The Company produces and distributes wines. It uses native grapes and indigenous methods from the Venetian territories. Masi Agricola SpA's products portfolio encompasses red dessert wines, dry red wines, white wines and sparkling wines. In addition, the Company manufactures traditional agricultural products, including balsamic vinegars, acacia honey, cherry jams, hand-made using peeled chestnuts mixed with sugar and cooked, as well as rice. It operates through Canova Srl, Societa Agricola Canevel Srl, Canevel Spumanti SpA and Canevel Spumanti Tenuta Le VigneSocieta Agricola Srl.
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