on MBWS (EPA:MBWS)
Marie Brizard Wine & Spirits: 2024 Annual Results
Marie Brizard Wine & Spirits (MBWS) announced robust results for 2024, despite a slowing spirits market. Revenue decreased by 2.8% compared to 2023, reaching €188.4 million. However, gross margin increased to 39.1%, thanks to the adaptation of the group's commercial and pricing policy.
EBITDA increased to €15.2 million, representing 8.1% of revenue, compared to 6.9% in 2023. Net profit attributable to the Group also increased to €9.6 million. The outlook for 2025 is expected to be a transition year, due to the rising costs of maturing liquids, but MBWS plans to offset this through pricing and productivity gains.
R. P.
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