AdVini: net loss for 1st half-year
The wine group reported a recovery in its French supermarket business (+8.5%), whereas all other European Off Trade markets posted a decline, particularly in Belgium (-11.4%), the Netherlands (-7%) and Switzerland (-18%).
AdVini believes that its margins will continue to improve over the months of the second half of 2023, for annual sales estimated at over 300 million euros, and expects year-end results to be 'significantly improved'.
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