Core Insights - Vranken-Pommery Monopole reported stable revenue of €108.3 million in H1 2025, reflecting a slight increase of 0.2% compared to H1 2024 in a volatile economic environment [2][5][6] - The company is focusing on premium brands, with a notable 4.7% growth in Champagne Pommery revenue, driven by high-value cuvées [3][5][6] - The Champagne market experienced a mixed performance, with a volume decline of 1.2% compared to H1 2024, but a catch-up effect is anticipated in the second half of the year [5][6] Performance by Business Segment - Champagne revenue reached €94.3 million, up 0.3% from €93.9 million in H1 2024 [5][7] - Provence and Camargue Rosé Wines maintained stable revenue at €5.7 million, despite volume growth [6] - Sparkling Wines turnover increased by 9.2%, attributed to the strong performance of the Louis Pommery range [6] Geographic Revenue Breakdown - Revenue from France increased significantly by 22.9% to €40.5 million, while revenue from Europe decreased by 3.1% to €33.8 million [7] - Revenue from third countries saw a decline of 23.6% to €20.0 million, primarily due to lower volumes in Duty Free [7] Strategic Focus - The company is committed to a premiumization strategy, enhancing its portfolio to meet consumer demand for authenticity and sustainability [3][11] - A strong emphasis on CSR initiatives, including a focus on decarbonization and craftsmanship, is part of the company's long-term strategy [8][11] Outlook - Despite ongoing geopolitical and economic uncertainties, the company remains optimistic about growth in the second half of 2025, particularly during the festive season [9] - The company is expanding its international presence, especially in Asia, with plans to establish operations in South Korea [9][11]
Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER*
Globenewswire·2025-07-17 15:30