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MB WS MARIE BRIZARD WINE & SPIRITS Press Release Charenton - le - Pont , 29 September 2021 • 2021 First half Results Resilient profit delivery in the first half of 2021 taking into account the one - off impacts in the 2020 reported half - year results EBITDA * of € 6.0m at 30 June 2021 ( -11 % ) compared to € 6.9m in H1 2020 restated ( 1 ) which benefited from non - recurring items totalling € 3.3m related to the pandemic Net income from continuing operations up 22.3 % to € 2.5m at end of June 2021 Net profit ( Group share ) : € 1.5m ( - € 1.4m at 30 June 2020 ) * EBITDA = EBIT - provisions for current assets - depreciations - pensions liabilities . NB : Unless otherwise stated , any growth in turnover mentioned is quoted at a constant exchange rate and consolidation scope . Marie Brizard Wine & Spirits ( Euronext : MBWS ) announces today its consolidated results for the first half of 2021 , approved by the Group's Board of Directors held on 28th September 2021. The audit procedures have been completed . " I Andrew Highcock , CEO of Marie Brizard Wine & Spirits , comments : This first half year performance was resilient , thanks in particular to the disciplined application of management policies . Although the external situation improved from May onwards , mainly due to the roll - out of vaccinations , the health context has had disruptive effects on the business depending on the distribution networks . Moreover , the situation remains too uncertain for the end of the year to allow us to provide a short or medium - term outlook . Nevertheless , MBWS enters this period with a restored balance sheet , a more agile and efficient organisation , committed teams and an unchanged ambition to pursue its 2019-2022 strategic plan whose aim is to sustainably strengthen the Group's profitability . " Simplified income statement for First Half 2021 In € m , except EPS Net sales ( excluding excise tax ) Gross profit Gross margin EBITDA Current operating income Attributable net income Earnings per share H1 2021 H1 2020 restated ( 1 ) 2021/20 Change 86.7 ( ¹ ) 81.0 -5.8 % 37.3 43.0 % 32.2 - € 5.1m 39.7 % -3.3pt 6.9 6.0 - € 0.8m 3.0 2.5 - € 0.5m ( 1.4 ) 1.5 + € 2.9m ( 0.65 ) 0.02 n.s. 1 On 16 February 2021 , MBWS France sold all the shares in Moncigale to the Boisset group . Due to the high likelihood of this disposal on 31 December 2020 , the Moncigale activity had been reclassified as a discontinued operation under IFRS 5 : in the income statement , its contribution over the period to the consolidated net income , as well as the capital loss on disposal , are reported on the line " income from discontinued or sold operations " ( detailed income statement in the appendix ) , the comparative period is also restated in the income statement . This restatement also includes the impact of the disposal of the Group's Polish activities on 21 October 2020 . -1-