Still no FY forecasts from Lanson-BCC amid mixed H1 results

Group 1 - The company Lanson-BCC has declined to issue annual financial forecasts due to mixed half-year results, reporting better revenues but falling earnings for the first half of 2025 [1][4] - First-half revenues increased by 4.8% year-on-year, reaching €92.1 million ($107.8 million), attributed to a favorable price/product mix despite lower shipping volumes [3][4] - The company's net income fell by 49.7% to €1.9 million, influenced by a 15.4% rise in finance costs due to aging credit facilities and rising average cost of debt [4] Group 2 - The seasonal nature of Champagne sales means that first-half results cannot be extrapolated to the full year, with traditionally around one-third of annual sales occurring in the first half [2] - Export sales accounted for just under half of the group's revenues, a decrease from 52.4% in the first half of 2024, with lower shipments noted to the US and Asia [3]