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FRANCE: Marie Brizard H1 profits rise

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Marie Brizard et Roger International has posted a rise in profits for the first half of this year. The French drinks and spirits group said yesterday (27 October) that net profit for the six-month period increased by 6.9% on the corresponding period a year ago to EUR6.2m (US$7.5m).

Operating profit, meanwhile, leapt by 77.3% to EUR11.7m on the back of revenue increases of 12.9% year-on-year to EUR159.4m. The steep rise was credited to the integration of French spirits producer and distributor William Pitters International from 1 March. Excluding this integration, turnover dipped by 3.5%.

Marie Brizard is owned by UK investment group Duke Street Capital.


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