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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]
Vranken-Pommery Monopole - FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER*
Globenewswire· 2025-07-17 15:30
FINANCIAL PRESS RELEASE FIRST-HALF 2025 TURNOVER* *under audit Strong performance in a mixed market environment Consolidated revenue stable at €108.3 million (+0.2%)+4.7% growth for Champagne Pommery, reflecting the success of the premiumization strategy Reims, July 17, 2025In the first half of 2025, Vranken-Pommery Monopole once again demonstrated its resilience with stable revenue (+0.2% vs. 2024) in a still volatile economic environment: Significant trade tensions, particularly between Europe and the Un ...