Marie Brizard Wine & Spirits SA (Euronext: MBWS) has announced its unaudited revenues for the first half of 2025, reporting a total revenue of €86.6 million, which represents an 8.5% decline compared to the same period in 2024. The company also experienced a significant decrease in its second-quarter revenues, which fell 13.7% to €44.4 million. In France, the revenues dropped sharply by 17.4% in the first half of 2025 compared to H1 2024, with a more pronounced decline of 23.8% in the second quarter. This was attributed to difficult commercial negotiations with Off-Trade chains and necessary price increases due to rising costs of matured spirits. Internationally, the decline was more moderate, with revenues decreasing by 1.3% in the first half and 5.6% in the second quarter, notably impacted by the performance in the United States. The company has implemented measures to mitigate these impacts, including price adjustments to offset significant cost increases and actions to protect profitability, especially in the France Cluster. Looking ahead, the company faces a challenging international environment with ongoing tensions in the global wine and spirits market, compounded by trade negotiations and inventory reductions by distributors, particularly in the United States.