MBWS: annual sales down 3%.
(CercleFinance.com) - Marie Brizard Wine & Spirits (MBWS) posted sales down 3% (of which -2.
8% organic) to 188.4 million euros for the past year, with limited growth of 0.7% in France and a 5.8% decrease internationally.
In 2024, the normalization of the spirits market and the macro-economic context weighing on overall consumer demand have led, as anticipated, to a contraction of markets, particularly in the premium segment", he explains.
MBWS maintains its objective of improving margins by 2024, but warns that 'the beginning of 2025 is characterized by a continuation of the slowdown in the wine and spirits markets, coupled with limited and volatile commercial visibility'.
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