Marie Brizard Wine & Spirits : Moderate organic sales decline in Q2 2020 thanks to bulk sales and the US
>Organic decline of 24.2% in the Brands division in Q2 - MBWS reported Q2/H1 2020 sales after market close yesterday. Q2 sales came to € 73.7m (€ 135.4m in H1), down 9.4% organically (-9.3% reported). This modest drop in the context of the health crisis was aided by two circumstantial factors: 1/ strong growth in the sales of other activities (private label business and bulk sales) in Q2 (+20.2% to € 32.7m) thanks to strong growth in demand for bulk sales in Poland an...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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