Marie Brizard registers 1.5% net sales drop

French drinks group Marie Brizard Wine & Spirits has reported a 1.5% organic net sales drop in the first nine months of 2019 and has gained approval to sell its Polish distribution arm, Sobieski Trade. The firm’s third quarter saw sales fall 0.6% to €98.9m (US$109.2m). In the first nine months of this year, net sales for the Western Europe, Middle East and Africa (WEMEA) region fell 7.3% to €80.1m (US$88.4m). The sales reflect MBWS’s…

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MGP Ingredients sees sales slip during Q3

Third-party spirits producer MGP Ingredients has reported a decline in sales during its 2019 third quarter compared to the previous year. Consolidated sales fell by 4.6% to US$90.7 million during the three months to 30 September 2019, due to a drop in the Distillery Products segment, which was partially offset by sales growth in the Ingredient Solutions segment. Consolidated gross profit for the group declined by 4.1% to US$18.8m, while consolidated operating income decreased by…

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Campari confirms strong year-to-date sales

Italian drinks firm Campari Group has reported “positive momentum” in the first nine months of 2019, driven by apéritif brand Aperol and its brown spirits portfolio. The drinks group’s reported sales grew 8.6% to €1.3 billion (US$1.44bn) after the exchange rate and perimeter effects. Gross profit increased by 10.5% to €808.6 million (US$896m). Campari said it had witnessed a “strong” third quarter boosted by its “high-margin apéritifs business despite a tough comparable base and adverse…

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United Spirits H1 hit by ‘consumption slowdown’

Diageo-controlled Indian drinks group United Spirits saw its 2019 first-half net sales grow by 7%, but was impacted by “broad-based consumption slowdown”. For the six months to 30 September 2019, United Spirits’ sales reached Rs. 4.2 million crores (US$59.8m). Sales were impacted by general elections in the first quarter and “consumption slowdown coupled with liquidity challenges in certain markets and temporary supply chain disruption” in the firm’s bottled-in-origin Scotch portfolio during the second quarter. United…

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Cuervo owner reports 12.5% sales growth

Mexican drinks group Becle, the maker of Jose Cuervo, saw its year-to-date net sales increase by 12.5%, driven by the double-digit growth of super-premium Tequila. In the nine months to 30 September 2019, net sales hit MXN$7 million pesos (US$366,000). Total volume sales grew 6.8% to 5.3m nine-litre cases, boosted by “strong depletion trends across each region and volume rise across each product category”. The Mexican group said its growth “continues to outpace the broader…

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