Marie Brizard Wine & Spirits : Q3 sales down strongly due to disposals. Caution on the end of the year
>Organic growth of -13.4% and -2.4% excluding Poland and Moncigale - Marie Brizard yesterday reported Q3 sales of € 40m, down 59.5% and 3.8% excluding activities considered sold (Poland and Moncigale). Organic growth came to -2.4% but was -13.4% (vs -3.3%e and -9.4% in Q2) including the Polish activities and Moncigale, the definitive sale of which was announced in October! This 2.4% fall reflects a strong increase in other activities (bulk alcohol sales in Lithuania) ...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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