Marie Brizard Wine & Spirits (MBWS) Q3 2026 TU earnings summary

Executive summary

• Q3 2026 revenue rose 0.3% LFL to €41.6m (+1.8% reported); 9M revenue fell 2.9% LFL to €125.6m (-1.5% reported).

• France’s Q3 rebound offset by continued International weakness amid volatile markets and uneven regional performance.

Financial highlights

• Q3 revenue: France €16.8m, +13.3% LFL; International €24.8m, -7.1% LFL (-4.8% reported).

• 9M revenue: France €52.3m, +4.8% LFL; International €73.3m, -7.9% LFL (-5.5% reported).

Outlook and guidance

• For the rest of 2026, prevailing uncertainty and contrasting trends are expected to continue.

• France momentum expected to remain positive, led by gradual William Peel Off-Trade recovery, innovations, Agency Brands and Industrial Services contracts.

• International outlook includes expected Eastern Europe declines; initiatives in Brazil and Denmark are intended to support future growth.