LANSON-BCC (EPA:ALLAN) - LANSON-BCC - 2010 REVENUES: 305.15 MILLION EUROS
Transparency directive : regulatory news
09/02/2011 09:08
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PRESS RELEASE
2010 REVENUES: 305.15 MILLION EUROS
Reims, Tuesday February 8th, 2011, 5:45 pm - The LANSON-BCC Group recorded
305.15 million euros in full-year consolidated revenues for 2010, up 10.6%.
Business developments
Thanks to 23% growth in export sales (45% of total volumes), the volumes sold
by the LANSON-BCC Group's Houses show an increase of 6%. These figures reflect
a good performance by LANSON-BCC compared with the champagne industry as a
whole: total champagne wine shipments came to 319.5 million bottles in 2010,
climbing 8.9%. The Champagne Houses alone increased their export volumes by
19.7% (source: CIVC).
Excluding the champagne wine brokerage subsidiary CGV, whose activity is
traditionally subject to fluctuations, LANSON-BCC's consolidated revenues are
up 8% to 284.84 million euros.
Consolidated revenues totaled 137.65 million euros in the fourth quarter of
2010, representing 45% of consolidated revenues for 2010; excluding CGV, this
figure comes out at 130.03 million euros (+7%).
EUR000,000 2010 2009 Change
9 months 167.50 144.61 +15.8%
4th quarter 137.65 131.43 +4.7%
Year to December 31st 305.15 276.04 +10.6%
Moreover, LANSON-BCC made a major investment at the end of December 2010 to
acquire a vineyard with 13 hectares of organic vines.
2010 earnings
2010 earnings will be released after close of trading on March 22nd, 2011.
As already announced by LANSON-BCC, the progress achieved with the business
during 2010 will make it possible, despite the increase in the cost price of
bottles sold this year, to end 2010 with a better performance than 2009.
LANSON-BCC fully owns seven Champagne Houses:
- Champagne Lanson (Reims), the prestigious international brand.
- Champagne Chanoine Frères (Reims), wines intended primarily for the European
mass retail market (Chanoine brand), notably with the Tsarine Cuvée range.
- Champagne Boizel (Epernay), French mail-order market leader, with wines
distributed in the traditional sector for international markets.
- Maison Burtin (Epernay), a European mass retail supplier and owner of the
Besserat de Bellefon brand, distributed through traditional networks
(restaurants, wine stores).
- Champagne De Venoge (Epernay), sold on selective retail markets, notably
with its Louis XV grande cuvée.
- Champagne Philipponnat (Mareuil sur Aÿ), which owns the prestigious Clos des
Goisses, with wines exclusively available through selective retail channels,
in leading restaurants.
- Champagne Alexandre Bonnet (Les Riceys), owner of a vast vineyard (wine sold
in traditional sectors).
Euronext Compartment B
ISIN: FR0004027068
Ticker: LAN
Reuters: BCCP.PA
Bloomberg: LAN:FP
www.lanson-bcc.com
LANSON-BCC
Nicolas Roulleaux Dugage
Tel: +33 3 26 78 50 00
investisseurs@lanson-bcc.com
CALYPTUS
Cyril Combe
Tel: +33 1 53 65 68 68
cyril.combe@calyptus.net