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    COR   PTCOR0AE0006

CORTICEIRA AMORIM, SGPS, S.A.

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Corticeira Amorim SGPS S A : is a founding member of the Sustainable Wine Roundtable

07/14/2021 | 06:39am EDT

Corticeira Amorim is one of the founding members of the Sustainable Wine Roundtable (SWR). As part of this independent, global, and multi-stakeholder non-profit, these founding members aim to create a framework for consistency in the wine industry with regard to sustainability standards. A purpose that will feature the collaboration of representatives from various sectors of the wine industry's supply chain.

The Sustainable Wine Roundtable was established by London-based Sustainable Wine Ltd as a response to a call for a common understanding of what the concept of sustainability should mean in the wine industry, a sentiment that was made clear last fall during Sustainable Wine's Future of Wine conference. The resulting research and advocacy organization is committed to addressing this need through the following objectives:

  • develop a global sustainability standard and create a common language for talking about sustainability in the wine industry;
  • become a platform for dialogue, advocacy, collaboration, tool sharing and problem solving;
  • provide practical guidance to producers and consumers on how to integrate these standards into their practices.

As a leader in one of the most sustainable industries globally-cork is a 100% renewable, 100% sustainable, and 100% recyclable natural resource-Amorim is steadfast in its commitment to the future and looks forward to bringing enthusiasm, innovation, and dedication to research and development to achieving the common goals set by the Sustainable Wine Roundtable.

'Collaboration is crucial when it comes to sustainability and we are grateful for the opportunity to unite with like-minded businesses and individuals to support wine trade leadership, in this industry where more and more consumers are demanding transparency and accountability,' says António Amorim, chairman and CEO of Corticeira Amorim.

The roundtable's founding members to date include representatives from various sectors of the industry supply chain: Ahold Delhaize, Alko, Amorim Cork, BLB Vignobles, BSI, Château Léoube, Catena Institute of Wine, Cloudy Bay, Domaine Bousquet, Dr. Loosen, Enotria & Coe, Grupo Avinea, JancisRobinson.com, Journeys End Vineyards, Napa Green, Sustainable Winegrowing British Columbia, Ste. Michelle Wine Estates, Sustainable Winegrowing Australia, Systembolaget, The Fairtrade Foundation, The Wine Society, Treasury Wine Estates, Vingruppen, Vintage Wine Estates, Waitrose & Partners, WWF South Africa.

Disclaimer

Corticeira Amorim SGPS SA published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 10:38:02 UTC.


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Financials
Sales 2021 790 M 927 M 927 M
Net income 2021 75,1 M 88,1 M 88,1 M
Net Debt 2021 91,9 M 108 M 108 M
P/E ratio 2021 20,7x
Yield 2021 2,38%
Capitalization 1 548 M 1 814 M 1 816 M
EV / Sales 2021 2,08x
EV / Sales 2022 1,94x
Nbr of Employees -
Free-Float 28,6%
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Corticeira Amorim, SGPS, S.A. Technical Analysis Chart | COR | PTCOR0AE0006 | MarketScreener
Technical analysis trends CORTICEIRA AMORIM, SGPS, S.A.
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TrendsNeutralBullishBullish
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 7
Last Close Price 11,64 €
Average target price 13,09 €
Spread / Average Target 12,5%
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Managers and Directors
Antˇnio Rios de Amorim Chairman & Chief Executive Officer
Nuno Filipe Vilela Barroca de Oliveira Vice Chairman
LuÝsa Alexandra Ramos Amorim Non-Executive Director
Fernando JosÚ de Ara˙jo dos Santos Almeida Executive Director
Cristina Rios de Amorim Baptista Non-Executive Director
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