Marie Brizard Wine & Spirits : CA T4 en fort retrait affecté par la cession de Sobieski Trade. Guidance annuelle d’EBITDA réitérée
>Meilleure croissance organique de +1.9% grâce à un effet d’aubaine en Pologne en prévision de la hausse des droits d’accises début 2020 - Marie Brizard a publié hier soir des ventes T4 2019 en fort retrait de 19.2% à 80.3 M€, en dessous de nos attentes (381.5 M€e) en raison de la déconsolidation de Sobieski Trade pour -22%. Par contre, la croissance organique de +1.9% ressort au-dessus de notre estimation de -3.2%e grâce à la Pologne. L’activité polonaise est boostée...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.
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