2010 Revenues: 305.15 million euros

Press release date: 
08/02/2011 - 5:45pm

2010 REVENUES: 305.15 MILLION EUROS

Reims, Tuesday February 8th, 2011, 5:45 pm – The LANSON-BCC Group recorded 305.15 million euros in full-year consolidated revenues for 2010, up 10.6%.

Business developments

Thanks to 23% growth in export sales (45% of total volumes), the volumes sold by the LANSON-BCC Group's Houses show an increase of 6%. These figures reflect a good performance by LANSON-BCC compared with the champagne industry as a whole: total champagne wine shipments came to 319.5 million bottles in 2010, climbing 8.9%. The Champagne Houses alone increased their export volumes by 19.7% (source: CIVC).

Excluding the champagne wine brokerage subsidiary CGV, whose activity is traditionally subject to fluctuations, LANSON-BCC's consolidated revenues are up 8% to 284.84 million euros.

Consolidated revenues totaled 137.65 million euros in the fourth quarter of 2010, representing 45% of consolidated revenues for 2010; excluding CGV, this figure comes out at 130.03 million euros (+7%).

€'000,000

2010

2009

Change

9 months

167.50

144.61

+15.8%

4th quarter

137.65

131.43

+4.7%

Year to December 31st

305.15

276.04

+10.6%

 

 

 

 

 

 

Moreover, LANSON-BCC made a major investment at the end of December 2010 to acquire a vineyard with 13 hectares of organic vines.

2010 earnings

2010 earnings will be released after close of trading on March 22nd, 2011.

As already announced by LANSON-BCC, the progress achieved with the business during 2010 will make it possible, despite the increase in the cost price of bottles sold this year, to end 2010 with a better performance than 2009.

Attached document: 

Champagne Lanson  Champagne Tsarine    Champagne Besserat de Bellefon  Champagne Boizel   Champagne De Venoge   Champagne Philipponnat  Maison Alexandre Bonnet