Report
Fatma Agnès Hamdani

Marie Brizard Wine & Spirits : Towards a slightly better sales trend in Q4 than in Q3

>International activities continue to suffer from the effects of destocking - In Q3, MBWS’ performance was negatively impacted by destocking, primarily in the USA (especially affecting its Gautier cognac and Sobiewski vodka) and in the export markets of eastern Europe. This trend is likely to have continued in Q4. The destocking is linked to the decline in consumption but also higher interest rates, with clients paying closer attention to their WCR. Moreover, last ye...
Underlying
Marie Brizard Wine & Spirits SA

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.

Provider
Oddo BHF
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.

Analysts
Fatma Agnès Hamdani

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