Report
Fatma Agnès Hamdani

Marie Brizard Wine & Spirits : Q1 sales resilient but they cannot be extrapolated. 2019 earnings release postponed to the end of May

>Q1 sales up 2.4% l-f-l, driven by bulk spirit sales - Instead of reporting its 2019 results, which have been postponed until 29 May at the latest, yesterday evening MBWS reported its Q1 2020 sales. Sales were up 2.5% on a reported basis and +2.4%e organic at € 61.7 m. Growth reflected: 1/ good bulk sales (+29.9% l-f-l to € 22m) in Poland and Lithuania of distillates and rectified spirit for the production of disinfectant; and 2/ growth of +35.2% in sales in the...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch