Report
Marie Brizard Wine & Spirits : Further deterioration in the outlook
>EBITDA loss of € 20m-25m expected for 2018 - After a sharp drop in sales in H1 (brand business down -26% in Q2 after -19.7% in Q1), the group has revised down its forecasts for the 2018 earnings.Its initial forecast was for 2018 EBITDA to be, granted, negative, but higher than the 2017 figure (estimate of -€ 12m). It has revised this initial estimate considerably since it now forecasts an EBITDA loss of between € 20m and € 25m for 2018.This loss should main...
Underlying
Marie Brizard Wine & Spirits
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Fatma Agnès Hamdani
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