Marie Brizard steps up cost efforts after H1 profits halve
Yahoo Finance·2025-09-26 18:43
Marie Brizard Wine and Spirits is stepping up moves to save costs after its profits more than halved in the first half of 2025. In its first-half results, the group saw net profit decrease 60% year-on-year to €2.6m ($3m). EBITDA was down over 30%, at €5.9m. The business said the drop in net profit was driven by "the decline in operating profit and financial income, which, although still positive, followed the overall decrease in interest rates over the period on the group's cash investments". In July, th ...