Marie Brizard Wine & Spirits SA reported sales results for the second quarter of 2018. For the quarter, the company reported total sales of EUR 107.9 million against EUR 122.7 million a year ago. The company net sales decreased sharply in first quarter of 2018 and second quarter of 2018.

For the six months of 2018, the company reported total sales of EUR 190.0 million against EUR 205.6 million a year ago.

Starting in second half of 2018, the company confirms its expectation of a gradual return to growth across all clusters, but this is not expected to offset the top-line decrease in first half of 2018. Consequently, the Group expects that fiscal year 2018 EBITDA will be negative, although it should mark an improvement over anticipated fiscal year 2017 EBITDA.