Earnings release
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MB WS MARIE BRIZARD WINE & SPIRITS Press Release Charenton - le - Pont , April 28th , 2021 Net sales for the first quarter 2021 • . 2021 1st quarter Net Sales at € 38.4M ( -6.9 % ) excluding Poland and Moncigale A dynamic start of the year in France with sales ahead by + 6.6 % driven by retail sales , the resumption of promotional activity and the impact of the distribution agreement for the Paddy Irish Whiskey brand , taken over in June 2020 Impact of the pandemic in the International cluster's sales : - Return to the pre - crisis level of ethyl alcohol bulk sales in Lithuana - Key markets ( United Kingdom , USA and Spain ) still penalised by restrictive On Trade measures - Normalization of shipments to the USA after a first year 2020 of inventory building - Progress in markets less affected by restrictions ( e . g . Germany ) NB : All sales growth figures mentioned in this press release are at constant exchange rates and on a like - for - like basis , unless otherwise stated . Marie Brizard Wine & Spirits ( Euronext : MBWS ) today announces its unaudited net sales for the 1st quarter 2021 , covering the period from 1st January to 31 March 2021 . In line with the evolution of the business following the various disposals since 2019 ( in particular the activities in Poland , sold October 21 , 2020 , and Moncigale sold February 16 , 2021 ) , the Group's revenue is now presented according to two clusters , France and International , reflecting the Group's new managerial organization in place since January 1 , 2021.The tables reconsituting 2020 revenues by quarter ( applying IFRS 5 ) according to the breakdown into two clusters are presented in the Appendix . 1st Quarter 2021 Sales ( * ) in M € Q1 2020 Organic Currency growth impact Q1 2021 Organic Growth ( exc . forex ) Growth ( incl . forex ) France International TOTAL MBWS 18.0 1.2 0.0 19.2 6.6 % 6.6 % 23.8 -4.1 -0.5 19.3 -17.1 % -19.0 % 41.8 -2.9 -0.5 38.4 -6.9 % -8.0 % * Application of IFRS 5 " Entities sold and held for sale " : restatement of the scope of consolidation relating to divested activities ( Poland and Moncigale ) -1-