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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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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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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Pernod Ricard sales boosted by Jameson

Pernod Ricard’s 2018/19 nine-month sales climbed 6.3% to €7.18 billion (US$8.07bn) driven by Martell Cognac and Jameson Irish whiskey. Year-to-date sales were also boosted by double-digit growth in emerging markets, which grew 15%. The Asia and rest of the world region grew sales by 12% bolstered by “dynamic growth” in China and India. The Americas saw sales increase by 3% with a “good performance” in the US as the company started optimising wholesaler inventory in…

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Marie Brizard reports Q3 sales drop

French group Marie Brizard Wine & Spirits (MBWS) has reported a 4.2% net sales loss to €99.6 million (US$114.3m) in the third quarter of 2018 and confirmed that plans to offload some of its brands are “in progress”. In September 2018, MBWS announced it was considering offloading some of its brands after downgrading its full-year fiscal outlook. The group has confirmed its estimated FY18 earnings before interest, taxes, depreciation, and amortisation (EBITDA) will be down by…

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