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Champagne firm Lanson-BCC sees revenue fall again
Yahoo Finance· 2026-02-03 10:15
Group 1: Company Performance - Lanson-BCC's consolidated revenue for 2025 was €233.3 million ($275.5 million), reflecting a decline of 8.7% compared to the previous year [1] - The company experienced a significant drop in sales during the fourth quarter, attributed to a highly competitive promotional environment [3] - Revenue in France decreased by 10.7%, particularly in mass retail channels, with France representing nearly 45% of Lanson-BCC's volumes [3] Group 2: Market Trends - The overall Champagne sector's volumes fell by almost 2% in 2025, indicating a challenging market environment [1] - Total Champagne sales in France reached 114 million bottles, down 3.7% from 2024, while exports decreased by 0.8% to nearly 152 million bottles [2] - The Champagne market is characterized by a slight decline in consumption, ongoing geopolitical uncertainties, and trade tensions impacting the US market [2] Group 3: Strategic Developments - Lanson-BCC completed the acquisition of Heidsieck & Co. Monopole at the beginning of the year, with the deal valued at €50 million [4]
Maison Pommery & Associés : Financial Press Release : Consolidated turnover for 2025 : € 293,2 M (*)
Globenewswire· 2026-01-29 17:00
Financial Press Release Consolidated turnover for 2025 : € 293,2 M (*) (*) under audit Reims, January 29, 2026 The year 2025, following on from 2024, is marked by instability linked to geopolitical and economic uncertainties affecting the Champagne industry: Trade: another year of declining volumes for the Champagne appellation (-2.2% in shipments, or 265.9 million bottles in 2025, and approximately -3% in value)Production: an adjustment in stocks with a third consecutive year of decline in the yield of t ...
Laurent-Perrier: Financial Press Release - Results for the first six months of the 2025-2026 financial year
Globenewswire· 2025-11-28 04:00
Core Insights - The Laurent-Perrier Group reported revenue growth of 1.5% for the first half of the 2025-2026 financial year, despite a slight decline in net profit by 8.7% [1][3][8] Financial Performance - Champagne sales increased to €133.3 million, reflecting a 3.5% rise compared to the previous financial year [3][6][15] - Group revenue reached €134 million, up from €132 million in the same period last year [3][6] - Operating profit decreased to €36.6 million, down 5.7% from €38.8 million [3][8] - The operating margin fell to 27.5%, a decline of 2.6 percentage points from the previous year [3][8] - Net profit attributable to the Group was €23.1 million, representing 17.2% of consolidated revenue [8] Market Context - The overall champagne market experienced a volume decline of 1.5%, while the Group's sales volumes increased by 2.6% [4][5] - The price-mix effect contributed positively with an increase of 1.6% over the half-year [5][15] Cash Flow and Financial Structure - Operating cash flow improved significantly to -€4.7 million from -€39.2 million in the previous year [9] - The Group's equity attributable to shareholders rose to €640.4 million, while net debt decreased to €236.8 million [10][16] - The gearing ratio remained stable at 0.37, indicating a strong financial position [10] Strategic Outlook - The Group continues to focus on a value-driven strategy, emphasizing brand quality and controlled distribution [4][11] - The geopolitical and economic environment poses challenges, necessitating caution in future projections [11]
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]