Brief: Marie Brizard H1 2023 Revenues Of EUR 98.8 Mln, Up 14.3%

Marie Brizard Wine and Spirits SA

27/07/2023 17:20

July 27 (Reuters) - Marie Brizard Wine and Spirits SA
 MBWS.PA :
    * H1 2023 REVENUES OF €98.8M, UP 14.3% VERSUS H1 2022
    * THE SURGE IN INPUT COSTS WITNESSED SINCE 2022, ONLY PARTLY
OFFSET BY PRICING REVISIONS IN Q1 2023 ACROSS ALMOST ALL OF THE
GROUP’S MARKETS, ESPECIALLY INTERNATIONALLY
    * THE PRICE HIKES INTENDED TO CUSHION INCREASES IN INPUT
COSTS
SINCE 2022 DO NOT FULLY OFFSET THEM, THEREBY WEIGHING DOWN ON
PROFITABILITY
    * THE LACK OF VISIBILITY IN THE SHORT AND MEDIUM TERM STILL
REQUIRES A CERTAIN DEGREE OF CAUTION REGARDING THE GROUP’S
ANNUAL OUTLOOK

Source text for Eikon:  ID:nGNE5fp8QT 
Further company coverage:  MBWS.PA 

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