LANSON-BCC (EPA:ALLAN) - LANSON-BCC: 2014 FIRST-HALF REVENUES: €94.3 MILLION
Transparency directive : regulatory news
28/08/2014 17:45
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PRESS RELEASE
2014 FIRST-HALF REVENUES: EUR94.3 MILLION
Reims, Thursday August 28th, 2014 - 5:45 pm - The LANSON-BCC Group recorded
94.3 million euros in consolidated revenues for the first half of 2014,
compared with 93.5 million euros at June 30th, 2013 (+0.9%).
Excluding the brokerage subsidiary, whose activity is traditionally subject to
fluctuations, the Group's consolidated revenues are up from 91.4 million euros
to 92.5 million euros (+1.3%).
Revenues in EUR million
(excl. brokerage) 2014 2013 Change (%)
First quarter 42.5 44.9 -5.4
Second quarter 50 46.5 +7.7
First half 92.5 91.4 +1.3
Positive half-year income
The global Champagne wine market grew 1.4% in terms of volume during the first
half of 2014 (source: CIVC). After contracting in the first quarter,
LANSON-BCC's sales accelerated during the second quarter (+7.7%), thanks in
particular to the marketing actions rolled out.
In France, margins have been affected by the unfavorable economic climate,
while the European region and the rest of the world have continued to grow.
Consolidated net income at June 30, 2014 will be firmly in positive territory.
Like each year, it is important to note that LANSON-BCC records around one
third of sales over the first six months of the year, but half of fixed costs,
and profitability at June 30th cannot be representative of the level for the
whole year.
The audited and definitive results for the first half of 2014 will be released
on Tuesday September 9th (after close of trading).
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), reputed above all for its famous Tsarine
cuvee.
- 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 cuvee.
- 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
Indices : CAC Mid & Small,
CAC All-Tradable, CAC Beverages
Eligible for SME share-based savings schemes
(implementing order of March 5th, 2014)
LANSON-BCC
Nicolas Roulleaux Dugage
Tel: +33 3 26 78 50 00
investisseurs@lansonbcc.com
actionnaires@lansonbcc.com
CALYPTUS
Communications consultant
Cyril Combe
Tel: +33 1 53 65 68 68
cyril.combe@calyptus.net
www.lanson-bcc.com