Brief: Marie Brizard Wine And Spirits Announces Strategic Plan 2019 - 2022

Marie Brizard Wine and Spirits SA

25/03/2019 17:01

March 25 (Reuters) - MARIE BRIZARD WINE AND SPIRITS SA
 MBWS.PA :
    * ANNOUNCES STRATEGIC PLAN 2019-2022
    * 2022 EBITDA OBJECTIVE IN A RANGE OF EUR 13M TO EUR 19M
    * IN SHORT-TERM (2019 AND 2020), CONFIRMS STRATEGIC
DIRECTION  TO
LEAD TO A GRADUAL RETURN TO POSITIVE EBITDA
    * ESTIMATED EBITDA FOR FY 2018 IS -€28M
    * SYNERGIES WITH COFEPP, ESTIMATED ON A FIRST VIEW IN A
RANGE OF
EUR 3M AND EUR 6M ANNUALLY, BEGINNING IN 2020

Source text for Eikon:  ID:nGNE5yydd 
Further company coverage:  MBWS.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))