LANSON-BCC (EPA:ALLAN) - LANSON-BCC: 2019 FIRST-HALF REVENUES: €79.5M
Transparency directive : regulatory news
25/07/2019 17:45
Click here to download pdf version
PRESS RELEASE
2019 FIRST-HALF REVENUES: EUR79.5M
Reims, Thursday July 25, 2019 - 5:45pm - The LANSON-BCC Group is reporting
EUR79.47m of consolidated revenues for the first half of 2019, down -9.9% from
EUR88.19m for the first half of 2018, which recorded more robust levels of
business (+3.7%).
Excluding the brokerage subsidiary, whose activity is traditionally subject to
fluctuations, the Group's consolidated revenues came to EUR77.94m, compared
with EUR86.98m for the first half of 2018, down - 10.4%.
In France, volumes for the Group's Houses have been globally affected by the
downturn in consumption in a sluggish economic environment marked by the social
movements, the electoral climate and the rollout of the French "EGALIM" law in
the mass retail sector.
For export, with contrasting performance levels depending on the Houses, the
Group's sales have progressed with positive price-mix effects for several
European destinations. For the UK in particular, sales are improving for the
first time since the contractions seen over the last few years.
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 its results at June 30 cannot be representative of the full year.
2019 first-half earnings will be released on Thursday September 12, after close
of trading.
LANSON-BCC is a group built around eight Houses that produce Champagne wines,
created and led by Champagne families. It 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 Tsarine cuvee.
* Champagne Boizel, House founded 1834, Epernay, French mail-order specialist
(BtoC), distributed in the traditional sector for international markets.
* Champagne De Venoge, House founded 1837, Epernay, sold on selective retail
markets, notably with its Princes range and its Louis XV grande cuvee.
* Champagne Besserat de Bellefon, House founded 1843, Epernay, distributed
through traditional networks (restaurants, wine stores), notably with the
Cuvée des Moines.
* Champagne Philipponnat, House founded 1910, Mareuil sur Aÿ, which owns the
renowned Clos des Goisses, with wines exclusively available on selective
retail markets as well as in the world's leading restaurants.
* Maison Burtin, Epernay, private-label supplier for the European mass retail
market and also producer of Champagne Alfred Rothschild.
* Champagne Alexandre Bonnet, Les Riceys, owner of a vast vineyard, with wine
sold in traditional sectors.
www.lanson-bcc.com
Euronext Growth
ISIN: FR0004027068
Ticker: ALLAN
Reuters: ALLAN.PA
Bloomberg: ALLAN:FP
Indices: CAC All Shares, 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 (0)3 26 78 50 00
investisseurs@lansonbcc.com
actionnaires@lansonbcc.com
CALYPTUS
Cyril Combe
Tel: +33 (0)1 53 65 68 68
cyril.combe@calyptus.net