Following an extended period of subdued activity in the international wine market, RareWine Group experienced improving conditions and increased trading activity during the 2025/26 financial year. The Group, which includes RareWine Trading, RareWine Invest and Nordic Freeport, reports revenue of DKK 623 million and a profit after tax of DKK 13.9 million.
“Throughout the financial year, we have seen the wine market gradually move towards a better balance. Trading activity has increased, creating more favourable conditions for our trading business. Overall, we have delivered a satisfactory result, although market conditions continue to affect the different parts of our business in different ways,” says Mads Jensen, CEO of RareWine Group.
RareWine Trading, which trades wine and spirits on the global market, reports a profit after tax of DKK 15.6 million. Increased trading activity has supported the company’s performance in a market where buyers remain selective.
“We are pleased with RareWine Trading’s performance. Even in a challenging market, wine continues to change hands, and our role is to connect supply and demand across markets. Our international network and access to liquidity have been essential factors behind this year’s results,” says Mads Jensen.
For RareWine Invest, the financial year continued to be characterised by low trading volumes and downward pressure on prices. The company reports a loss after tax of DKK 140,000. Despite an improvement compared with the previous year, the result is considered unsatisfactory.
The investment business’s earnings are closely linked to investors’ opportunities to realise returns. The emerging recovery in trading activity has therefore not yet been sufficient to create satisfactory conditions for this part of the Group.
“We are not satisfied with RareWine Invest’s performance. We have adjusted our costs to reflect the level of activity, but market conditions have remained difficult for our investors and, consequently, for the investment business. We must take a realistic view of these developments, even as we begin to see signs of improvement in the market,” says Mads Jensen.
RareWine Group expects moderate growth in the coming financial year. This outlook reflects a market that is gradually improving but still calls for a cautious approach.
“The increase in activity is encouraging, but we are planning on the basis that the recovery will take time. We remain focused on maintaining sound operations and capitalising on opportunities as they arise in the market, while keeping costs under control,” says Mads Jensen.
Since 2006, RareWine Group has built an international business specialising in the trading, investment and storage of rare and exclusive wines and spirits.