Brief: Marie Brizard Wine & Spirits FY EBITDA Up At 10.6 Million Euros

Marie Brizard Wine and Spirits SA

29/04/2021 07:21

April 29 (Reuters) - MARIE BRIZARD WINE & SPIRITS  MBWS.PA :
    * ANNOUNCED ON WEDNESDAY Q1 NET SALES AND 20210 NET RESULTS
    * 2021 Q1 UNAUDITED NET SALES AT €38.4M (-6.9%) EXCLUDING
POLAND
AND MONCIGALE
    * FY EBITDA OF EUR 10.6 MLN COMPARED WITH -€3.5M IN 2019
(RESTATED
FOR IFRS 5)
    * NET FINANCIAL DEBT REDUCED TO EUR 43.6 MLN
    * FY NET FINANCIAL RESULT AMOUNTS TO EUR 1.6 MILLION
    * NET INCOME FROM ALL ACTIVITIES (GROUP SHARE) EUR 38.4
MILLION IN
2020 COMPARED WITH  LOSS OF EUR 65.9 MILLION AT 31 DECEMBER 2019
    * NET LOSS FROM CONTINUING OPERATIONS, TO -€5.5M AT THE END
OF
2020 COMPARED WITH -€30.2M AT 31 DECEMBER 2019
    * NET LOSS FROM DISCONTINUED OPERATIONS IS – €32.9M AT 31
DECEMBER
2020 VS – €35.7M IN 2019
    * OUTLOOK:  REMAINS CAUTIOUS ABOUT ITS ROADMAP FOR 2021 DUE
TO THE
CONTINUED IMPACT OF THE PANDEMIC ON THE BEGINNING OF THE YEAR
AND THE LIKELY MORE LASTING CONSEQUENCES ON CONSUMPTION PATTERNS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE5hNSXZ  urn:newsml:reuters.com:*:nGNE2zv7q3
    
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