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Laurent-Perrier: Financial Press Release - Results for the first six months of the 2025-2026 financial year
Globenewswire· 2025-11-28 04:00
Laurent-Perrier Group Tours-sur-Marne, 28 November 2025 Financial press releaseResults for the first six months of the 2025-2026 financial year Laurent-Perrier: Revenue up, Net profit slightly lowerand profitability remains high The financial statements for the first half of the 2025-2026 financial year, ended 30 September 2025, were approved by the Management Board at its meeting held on 25 November 2025 and reviewed the same day by the Supervisory Board, chaired by Mr Patrick THOMAS. Key consolidated fin ...
Vranken-Pommery Monopole : Licensing of the Pompadour Brand to Vranken-Pommery Monopole
Globenewswire· 2025-11-21 17:00
Reims, November 21, 2025 On October 1, Vranken-Pommery Monopole decided to accept the offer from the Lanson-BCC Group, which was more attractive than that of the Vranken Company, for the sale of the Heidsieck & Co Monopole brand. In order to provide Vranken-Pommery Monopole with additional resources, strengthen its commercial development in the premium segment, and provide it with a cost-sharing arrangement, Compagnie Vranken has decided to license the Pompadour brand to it, with marketing set to begin in l ...
Correction: Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER* - release of sales adjusted for the integration of services in both 2025 and 2024
Globenewswire· 2025-07-17 18:54
Core Insights - Vranken-Pommery Monopole reported stable revenue of €109.3 million in H1 2025, a slight decrease of 0.2% compared to H1 2024, amidst a volatile economic environment [2][5][6] - The company is focusing on premium brands, with a positive price-mix effect indicating the effectiveness of its premiumization strategy [3][5] - The Champagne segment showed resilience with a revenue increase of 0.3% to €94.3 million, while overall Champagne market volumes declined by 1.2% [5][6][7] Performance by Business Segment - Champagne revenue reached €94.3 million, up 0.3% from €93.9 million in H1 2024 [6][7] - Provence and Camargue wines maintained stable revenue at €5.7 million, despite volume growth [6] - Other segments, including Port and Douro wines, experienced a decline, while sparkling wines saw a turnover increase of 9.2% [6] Geographic Revenue Breakdown - Revenue from France increased significantly by 22.9% to €40.5 million, while Europe saw a decline of 3.1% to €33.8 million [7] - Revenue from third countries dropped by 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 with high value-added cuvées to meet consumer demand for authenticity and sustainability [3][5] - A strong emphasis on CSR initiatives, including sustainable practices and preserving craftsmanship, is part of the company's long-term strategy [8][11] Outlook - Despite geopolitical and economic uncertainties, the company is 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, and is focused on innovation and digitization to support commercial development [11]
Laurent-Perrier: Appointment notice
Globenewswire· 2025-07-11 16:00
Core Points - Laurent-Perrier appointed three new Board Observers during the General Meeting on July 10, 2025, to enhance the understanding of the Group's strategic challenges [3][4] - The new appointees are Maximilien Meneux, Luana Meneux, and Léa Pereyre, representing the next generation of the family involved in the company [3][4] - Laurent-Perrier is a publicly listed family-owned champagne house focused on the high-end market, with a diverse product portfolio [8] Group Structure - The appointments were made under the supervision of Patrick Thomas, Chairman of the Supervisory Board [3] - Léa Pereyre, 33, has a background in Industrial Design and has worked on various interdisciplinary projects, including digital education initiatives [5] - Luana Meneux, 25, holds a Master's in Product Design and has experience in industrial design, along with a WSET Diploma [6] - Maximilien Meneux, 28, specializes in Neuroscience and has taken on a directorial role in a subsidiary of Laurent-Perrier [7] Company Overview - Laurent-Perrier is one of the few champagne houses listed on the stock market, exclusively dedicated to champagne and known for its high-quality products [8] - The company operates under several renowned brands, including Laurent-Perrier, Salon, Delamotte, and Champagne de Castellane [8] - It is included in the Euronext indices PEA-PME 150 and Euronext FAMILY BUSINESS, indicating its significance in the market [8]
Laurent-Perrier: Financial Press Release - Annual results 2024-2025
Globenewswire· 2025-05-23 03:00
Core Insights - The Laurent-Perrier Group reported a decline in annual results for the financial year 2024-2025, with a notable decrease in champagne sales and overall revenue, but maintained a high level of profitability [1][4][10] Financial Performance - Champagne sales decreased by 6.8% to €282.9 million compared to the previous financial year [3][5] - Group revenue fell by 5.8%, amounting to €294.4 million [3] - Operating profit decreased by 21.8% to €74.4 million, with an operating margin of 26.3%, down from 31.3% [3][4] - Net profit attributable to the Group was €47.4 million, representing a 25.4% decline from the previous year [3][7] - Earnings per share dropped to €8.02, a decrease of €2.72 [3] Cash Flow and Financial Structure - Operating cash flow was negative at -€11.2 million, a decline of €12.1 million from the previous year [3][8] - The Group's equity attributable to shareholders increased to €627.3 million, while net debt rose to €220.2 million, resulting in a gearing ratio of 0.35 [9][15] Market Context - The global champagne market experienced a volume decline of 5.8% during the reporting period [4][5] - The Group's sales volume decreased by 6.0%, reflecting broader market trends [5][6] Strategic Outlook - The Group continues to invest in brand support and business development, aiming to maintain its high operating margin despite market challenges [4][6][10] - Laurent-Perrier remains focused on the high-end champagne market, leveraging its strong brand portfolio and distribution control [10][11]