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Asia soars as Concha y Toro toasts Q1 sales, profits lifts

Via Concha y Toro has posted a marked rise in profits in the first three months of 2016, despite a fall in domestic sales volumes in the US.

Concha Y Toro is the world's 4th largest winemaker. The founding family owns over 35% of shares, creating a long-term orientation and stability.

Chilean wine producer Concha y Toro's sales and profits surged last year as exports were boosted by strong volumes and currency tailwinds.

Concha y Toro's Asia CEO has said the company will continue to grow in China, despite the country's economic slowdown.

Heineken has launched a global marketing campaign for its namesake lager brand, featuring actor Benicio Del Toro.

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