Revenues for Q1 2010 : 48.83 million euros

Press release date: 
06/05/2010 - 5:45pm

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

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