Marie Brizard Wine & Spirits : Q3 sales close to our expectations with organic growth of 1% vs +2% expected. Cautious message maintained for 2025
>Slight dip in sales in France of 0.6% vs +0.8% estimated - MBWS yesterday evening reported Q3 sales of € 45.9m, up a slight 1% on a reported basis and close to our estimate of € 46.3m. Organic growth of 1% (vs 2.1%e) was based on a fall in sales in France of 0.6% to € 19.3m, i.e slightly below our estimate of € 19.8m. Apart from the Marie Brizard brand which benefited from innovation, all the strategic brands showed declines both at retailers and in the on-trade circ...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.
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