LANSON-BCC (EPA:ALLAN) - BCC : Revenues for Q1 2010 : 48.83 million euros
Transparency directive : regulatory news
07/05/2010 17:45
Click here to download pdf version
PRESS RELEASE
2010 FIRST-QUARTER REVENUES: 48.83 MILLION EUROS
Reims, May 6th, 2010 - 5:45 pm - The BCC Group recorded 48.83 million euros in
consolidated revenues for the first quarter of 2010, up 20.6% in relation to
the first quarter of 2009.
Improvement over the first quarter
Today, shipments for the Group's Houses are better aligned with consumption.
Excluding the brokerage business CGV, sales increased by 10.1% over the first
quarter of 2010, similar to the level for the first quarter of 2007. However,
sales for the first quarter of 2009 (-27.1%) had been affected by the
destocking in the global dissolution channels, while the first quarter of 2008
(+15.1%) had been exceptionally dynamic.
As each year, BCC would 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
BCC is reasserting its long-term value development strategy and its policy,
moving in the right direction, to not ignore any market niches. The quality of
its relations with the vineyard, the quality of its wines, the growing strength
of its brands, the effectiveness of its production tools and the responsible
approach underpinning its management represent the foundations for the
sustainable development of the Group, the world's second-largest producer of
Champagne wines.
Information on the outlook for 2010 will be provided with the earnings release
for the first half of 2010.
Next date: General Meeting to be held at 10 am on June 4th, 2010 at Champagne
LANSON, Reims
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), as well as the Ferdinand Bonnet brand.
Eurolist B - ISIN: FR0004027068- Reuters: BCCP.PA- Bloomberg: BOZ FP
www.boizelchanoine.com
BOIZEL CHANOINE CHAMPAGNE
Nicolas Roulleaux Dugage
Tel: +33 3 26 78 50 00
Email: investisseurs@boizelchanoine.fr
CALYPTUS Cyril Combe
Tel: +33 1 53 65 68 68
Email: cyril.combe@calyptus.net