France's Marie Brizard Q1 revenue falls on spirits market slowdown

Marie Brizard Wine and Spirits SA

30/04/2026 17:04

Overview

France wine and spirits group's Q1 2026 revenue fell 9.6% yr/yr amid market slowdown

International sales declined, with mixed brand performance and sales timing differences over the financial year

Outlook

Company maintains outlook issued on 16 April 2026, citing unchanged macroeconomic and sector trends

Company expects gradual recovery in France as William Peel returns to major retail chains

Marie Brizard to pursue growth via innovation, portfolio expansion, and new partnerships

Result Drivers

WILLIAM PEEL DE-LISTINGS - Off-Trade sales in France fell due to prior de-listings of the William Peel brand, with only a slow recovery in Q1

INTERNATIONAL SALES DECLINE - International revenue dropped, driven by lower sales in Spain, Bulgaria, Lithuania and export markets, with some regions affected by sales timing differences and production stoppages

ONE-OFF INDUSTRIAL SERVICES CONTRACT - Signing of a new Industrial Services contract provided a significant one-off boost to growth in Q1

Company press release: ID:nGNE1TC2BJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 38.7 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the distillers & wineries peer group is "buy."

Wall Street's median 12-month price target for Marie Brizard Wine and Spirits SA is €2.70, about 2.9% below its April 29 closing price of €2.78

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 41 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)