Oeneo has announced sales of 88.7 million euros for the third quarter of 2022-23, up 15.3% (+14.5% at constant exchange rates), with homogeneous contributions from its two breeding and corking divisions.
Sales for the first nine months of 2022-23 rose by 11.2% to 261.9 million euros (+10.3% at constant exchange rates), with both divisions achieving their highest ever nine-month sales.
This advance confirms Oeneo's confidence in its business plan, which anticipates a marked slowdown in the fourth quarter due to a demanding basis of comparison and anticipated third-quarter orders.
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Oeneo is the world's No. 1 of cooperage for winemaking and the world's No. 2 of wine corking products. Net sales break down by family of products as follows:
- corking products (70.2%): primarily high-tech cork stoppers for still wines, sparkling wines, and fortified wines, for the Diam and PIETEC lines;
- cooperage (29.8%): casks, barrels, tanks, drums and alternative products (powders, wood chips, and staves) marketed under the Seguin Moreau, Boisé, Tonnellerie Millet, Fine Northern Oak and Galileo brands.
Net sales are distributed geographically as follows: France (28.7%), Europe (39%), America (25.1%), Oceania (1.7%) and other (5,5%).
OENEO 
