Marie Brizard Wine & Spirits : A marked improvement in 2020 results after divestments. Caution on 2021. Q1 sales down 6.9% l-f-l
>Positive EBIDTA of € 10.6m vs -€ 3.5m in 2019, restated for divestments - MBWS released its full-year 2020 results yesterday evening. For sales already published of € 169m (+2.5% l-f-l), EBITDA was € 10.6m. This marked improvement in profitability vs the -€ 3.5m reported in 2019 (EBITDA restated for IFRS 5 norms linked to the divestments that have already happened and those that are ongoing) was due to rigorous cost management and an improvement in the price mix, ...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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