Core Insights - The company reported a significant decline in revenues for the first half of 2025, with total revenues of €86.6 million, down 8.5% compared to the same period in 2024 [1][5][6] - The decline was particularly pronounced in the French market, where revenues fell by 17.4%, while international revenues saw a more moderate decrease of 1.3% [6][11] Revenue Breakdown - In France, revenues for H1 2025 were €35.1 million, down from €42.5 million in H1 2024, reflecting a 17.4% decline [5][8] - International revenues totaled €51.4 million in H1 2025, down from €52.4 million in H1 2024, marking a 1.3% decrease [5][11] - Q2 2025 revenues were €44.4 million, down 13.7% from €51.6 million in Q2 2024 [1][7] Market Performance - The spirits market in France continues to decline, with Q2 2025 sales down 23.8% compared to Q2 2024, largely due to distribution losses for the William Peel brand [6][8] - The On-Trade sector showed positive growth, with sales up 12.6% in H1 2025, indicating a divergence in performance between On-Trade and Off-Trade channels [6][10] - Internationally, the United States experienced a sharp revenue decline of 57.5% in Q2 2025, primarily due to inventory reductions by the importer [19][20] Strategic Responses - The company is implementing price adjustments to counteract rising costs of matured spirits and is focusing on maintaining constructive dialogue with Off-Trade chains to recover market positions [23][24] - Efforts are being made to diversify offerings through the development of Industrial Services and Agency Brands, which are showing growth potential [25][26] Outlook - The company anticipates continued challenges in the international wine and spirits market, with uncertainties regarding trade negotiations and potential increases in customs duties impacting profitability [22][26]

Group 1 - Marie Brizard Wine & Spirits has a liquidity contract with Natixis Oddo BHF, with specific assets reported as of June 30, 2025 [1] - The liquidity account held 92,466 shares and €46,433.38 in cash at the beginning of the review period, and 75,528 shares and €380,177.12 in cash at the end [5] - A total of 721 purchase transactions and 405 sale transactions were executed during the review period, with 131,651 shares and €442,496.27 for purchases, and 99,724 shares and €326,695.10 for sales [5] Group 2 - Marie Brizard Wine & Spirits is a European and U.S.-based group specializing in wines and spirits, with a history dating back to 1755 [2][3] - The company emphasizes a blend of traditional brands and innovative approaches, aiming to provide customers with reliable and flavorful brands [3] - The company is listed on Compartment B of Euronext Paris and is part of the EnterNext PEA-PME 150 index [3]

Core Viewpoint - The article outlines the share buyback programme authorized by the Ordinary General Meeting of Marie Brizard Wine & Spirits, detailing its objectives, terms, and conditions for the buyback of shares [1][3]. Group 1: Share Buyback Programme Details - The share buyback programme aims to promote liquidity in transactions, retain shares for future market use, cover employee stock options, facilitate the delivery of shares related to securities, and potentially cancel shares [5][6]. - The maximum number of shares that can be repurchased is 11,059,240, which represents 9.88% of the company's share capital, with a potential increase to 10% if treasury shares are sold or utilized [4][6]. - The maximum purchase price for the shares is set at €6, leading to a theoretical maximum expenditure of €67,193,892 if all shares are bought back at this price [5]. Group 2: Duration and Reporting - The buyback programme is scheduled to last for 18 months, concluding on 26 November 2026, with the company committed to informing the public of any significant changes during this period [7]. - The company currently holds 139,742 treasury shares, which is 0.12% of its total share capital of 111,989,823 shares [2]. Group 3: Company Overview - Marie Brizard Wine & Spirits is a wine and spirits group with a strong presence in Europe and the United States, known for its innovative spirit and a portfolio of well-established brands [9]. - The company is listed on Compartment B of Euronext Paris and is part of the EnterNext© PEA-PME 150 index [10].

Group 1 - Marie Brizard Wine & Spirits filed its Universal Registration Document for 2024 with the Autorité des Marchés Financiers on April 30, 2025 [2] - The Universal Registration Document includes the 2024 Annual Financial Report, the Board of Directors report on corporate governance, and the auditors' reports [8] - The document is available on the MBWS website and the AMF website, as well as at the company's head office [2][3] Group 2 - Marie Brizard Wine & Spirits is a wine and spirits group with a strong presence in Europe and the United States, known for its combination of traditional brands and innovative spirit [5] - The company has a diverse portfolio of leading brands, including William Peel, Sobieski, Marie Brizard, and Cognac Gautier [5] - Marie Brizard Wine & Spirits is listed on Compartment B of Euronext Paris and is part of the EnterNext PEA-PME 150 index [6]