However, wine and spirits net sales decreased 9 percent for the full year and 6 percent during the fourth quarter. Constellation stated that these results were in line with its revised outlook, which it announced at the end of third quarter 2023. Net sales of wines and spirits totaled revenue of €1.7 billion for the full year, of which spirits contributed €235 million. The company expects net sales of wines and spirits in fiscal 2025 to be between a decrease of 0.5 percent and an increase of 0.5 percent, while the beer category is expected to facilitate its sales total net profits grow between 6 percent and 7 percent.
