LANSON-BCC (EPA:ALLAN) - Lanson-Bcc: 2011 REVENUES: 310.15 MILLION EUROS
Transparency directive : regulatory news
07/02/2012 17:45
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PRESS RELEASE
2011 REVENUES: 310.15 MILLION EUROS
Reims, Tuesday February 7th, 2012, 5:45 pm - The LANSON-BCC Group recorded
310.15 million euros in full-year consolidated revenues for 2011, up 1.6%.
Business developments
Excluding the brokerage subsidiary CGV, whose activity is traditionally subject
to fluctuations, the Group's consolidated revenues came to 287.45 million euros
(+0.9%). This performance is lower than the initial targets set, but still
satisfactory considering the decline in consumption during the second part of
the year.
EUR'000,000 2011 2010 Change
9 months 169.39 167.50 +1.1%
4th quarter 140.76 137.65 +2.3%
Year to December 31st 310.15 305.15 +1.6%
Consolidated revenues for the fourth quarter of 2011 represented 45% of the
full-year figure, reflecting the traditional seasonal trend for Champagne wine
sales.
Total shipments for the Champagne industry as a whole are expected to have
climbed to around 324 million bottles in 2011, up +1.4% (figure to be confirmed
at the end of February). In this climate, LANSON-BCC recorded a 7.7% contraction
in its sales volumes, but it is important to note that they had previously
increased by 6% in 2010.
2011 earnings
2011 earnings will be released after close of trading on March 26th, 2012.
Despite the increase in the cost price of bottles sold over the year, a positive
price mix effect should enable the LANSON-BCC Group to maintain a satisfactory
level of earnings.
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 also available on selective retail markets as well as 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: LAN.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