2013 first-half revenues: €93.5 MILLION

Press release date: 
29/08/2013 - 5:45pm

2013 FIRST-HALF REVENUES: €93.5 MILLION

Reims, Thursday August 29th, 2013 - 5:45 pm- The LANSON-BCC Group recorded 93.5 million euros in consolidated revenues for the first half of 2013, compared with 93 million euros at June 30th, 2012 (+0.5%). Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group's consolidated revenues are up from 90.9 million euros to 91.4 million euros (+0.5%).

 

Revenues in million euros (excl. CGV)

2013

2012

Change (%)

First quarter

44.9

41.4

+ 8.4

Second quarter

46.5

49.5

- 6.1

First half

91.4

90.9

+ 0.5

 

Positive half-year earnings

In a global Champagne wine market that contracted by 3.1% in terms of volumes during the first half of 2013 (source: CIVC), LANSON-BCC recorded a 4.6% drop in its sales volumes, primarily on lower value segments, focusing on the value strategy that has been applied for several years now.

Faced with an unfavorable economic environment in France and the European region, the positive price mix effect achieved over the period will make it possible to partially offset the volume effect, clearly paving the way for consolidated net income to remain positive at June 30th, 2013.

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 profitability at June 30th cannot be representative of the level for the whole year.

The audited and definitive results for the first half of 2013 will be released on Tuesday September 10th (after close of trading).

Champagne Lanson Champagne Chanoine Frères Champagne Besserat de Bellefon Champagne Boizel Champagne De VenogeChampagne PhilipponnatMaison Alexandre Bonnet Maison Burtin