LANSON-BCC (EPA:ALLAN) - 2011 FIRST-QUARTER REVENUES: 54.78 MILLION EUROS
Transparency directive : regulatory news
06/05/2011 08:30
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PRESS RELEASE
2011 FIRST-QUARTER REVENUES: 54.78 MILLION EUROS
Reims, Thursday May 5th, 2011 - 5:45 pm - The LANSON-BCC Group recorded 54.78
million euros in consolidated revenues for the first quarter of 2011, up 12.2%
in relation to the first quarter of 2010.
Dynamic first quarter
Excluding the brokerage subsidiary CGV, whose activity is subject to
fluctuations, the Group's consolidated revenues came to 51.91 million euros,
compared with 44.05 million euros, an increase of 17.9%. In this way, the
figures for the first quarter of 2011 confirm the beginning of a return to
development. However, at this stage in the year, any excessive optimism must
be tempered, since the resumption of better growth does not rule out the
possibility of there being a strong level of competition. As each year, the
Group would also like to remind you that the first quarter's business is not
particularly significant and represents only around 15 to 16% of sales for the
full year.
Constant strategy for a global Champagne player
LANSON-BCC is reasserting its long-term value development strategy. The
complexity of the global situation simply confirms the relevance of the
Group's approach to its development, with its presence across all the market
segments for Champagne wines guaranteeing its efficiency and effectiveness
Next date: General Meeting to be held at 10 am on May 19th, 2011 at Champagne
Lanson, Reims.
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,
primarily 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