Marie Brizard Wine & Spirits : Profitability recovery under way. Conservative message on 2022 and expected resumption in M&A to improve profitability
>2021 EBITDA of € 12.6m (vs € 9.4m est.), with € 3m of exceptionals - Based on reported 2021 sales of € 166.7m (-1.4% rep. and -1% organic), MBWS posted EBITDA of € 12.6m, well ahead of our estimate of € 9.4m. But this gap stems in particular from an exceptional and non-recurring item of +€ 3m relating to a credit note issued by a whisky supplier in the context of a new contract signed in January 2021. The EBITDA margin came to 7.5%, up 120bp despite a 130bp gross mar...Marie Brizard Wine & Spirits is a wine and spirit company which is engaged in the production and distribution of wines and spirits mainly in Europe and in the U.S.A. Co.'s products can be divided into three categories: Vodka and Spirits, Wines, and Other beverages. Co. develops a portfolio of spirit brand with in particular: Youri Dolgorouki; Sobieski; Marie Brizard; Old Lady's; Berger; “PL Polonaise”; Starogardzka; Balsam Pomorski; Krakowska; Zawisza. Co. operates geographically in Poland, Western Europe, Lithuania, Bulgaria, and Other countries.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.