LANSON-BCC (EPA:ALLAN) - LANSON-BCC: 2017 REVENUES: 261.59 MILLION EUROS
Transparency directive : regulatory news
01/02/2018 17:45
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PRESS RELEASE
2017 REVENUES: 261.59 MILLION EUROS
Reims, Thursday February 1, 2018 - 5:45 pm
The LANSON-BCC Group is reporting 261.59 million euros in consolidated revenues
for 2017 (+0.9%). Excluding the brokerage subsidiary, whose activity is
traditionally subject to fluctuations, the Group's consolidated revenues came
to 256.36 million euros (+1.6%).
Revenues (EURM) 2017 2016 Change (%)
Nine months 135.9 144.2 - 5.8
Fourth quarter 125.7 114.9 + 9.4
Full year 261.6 259.1 + 0.9
According to the CIVC's initial estimates, the global Champagne wine market
grew +0.5% in 2017, with 307.7 million bottles shipped, but with contrasting
trends depending on the destination: -2.4% for France, -1.1% for Europe and
+8.8% for the rest of the world. Sales for the Group's Houses were down
slightly in France, the UK (combined with a negative exchange effect of 6.5%)
and Europe. The progress made on many other exports destinations didn't fully
offset the contraction in traditional markets.
Consolidated revenues for the fourth quarter, representing 48% of the full-year
figure for 2017, benefited from a more dynamic end to the year than in 2016.
2017 earnings will be released after close of trading on Thursday March 29,
2018.
LANSON-BCC is a group built around seven Houses that produce Champagne wines,
created and led by Champagne families. The Group unites together outstanding
Houses, renowned for their unique wines and benefiting from the effective fit
between their customer segments. The blend of ancestral know-how and
leading-edge technical capabilities, creative independence and rational
synergies enables each one of its Houses to develop its performances, ensuring
the LANSON-BCC Group's sustainability.
- Champagne Lanson, prestigious House founded 1760, Reims, with 80% distributed
on international markets.
- Champagne Chanoine Frères, House founded 1730, Reims, wines intended
primarily for the European mass retail market (Chanoine brand), reputed
above all for its famous Tsarine cuvee.
- Champagne Boizel, House founded 1834, Epernay, French mail-order market
leader (BtoC), distributed in the traditional sector for international
markets.
- Maison Burtin, Epernay, a European mass retail supplier and owner of the
Besserat de Bellefon brand, which is distributed through traditional networks
(restaurants, wine stores).
- Champagne De Venoge, House founded 1837, Epernay, sold on selective retail
markets, notably with its Louis XV grande cuvee.
- Champagne Philipponnat, House founded 1910, Mareuil sur Aÿ, which owns the
renowned Clos des Goisses, with wines also available on selective retail
markets as well as in the world?s leading restaurants.
- Champagne Alexandre Bonnet, Les Riceys, owner of a vast vineyard, with wine
sold in traditional sectors.
www.lanson-bcc.com
Euronext Compartment B
ISIN: FR0004027068
Ticker: LAN
Reuters: LAN.PA
Bloomberg: LAN:FP
Indices: CAC All Shares,
CAC Beverages, CAC Consumer
Goods, EnterNext PEA-PME 150
Eligible for SME share-based
savings schemes
(implementing order of March 5, 2014)
LANSON-BCC
Nicolas Roulleaux Dugage
Tel: +33 3 26 78 50 00
investisseurs@lansonbcc.com
actionnaires@lansonbcc.com
CALYPTUS
Cyril Combe
Tel: +33 1 53 65 68 68
cyril.combe@calyptus.net