2014 First-half revenues: 94.3 million euros

Press release date: 
28/08/2014 - 5:45pm

The LANSON-BCC Group recorded 94.3 million euros in consolidated revenues for the first half of 2014, compared with 93.5 million euros at June 30th, 2013 (+0.9%).

Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group's consolidated revenues are up from 91.4 million euros to 92.5 million euros (+1.3%).

 

Revenues in € million

(excl. brokerage)

2014

2013

Change (%)

 First quarter

42.5

44.9

-5.4

 Second quarter

50

46.5

+7.7

 First half

92.5

91.4

+1.3

 

Positive half-year income

The global Champagne wine market grew 1.4% in terms of volume during the first half of 2014 (source: CIVC). After contracting in the first quarter, LANSON-BCC’s sales accelerated during the second quarter (+7.7%), thanks in particular to the marketing actions rolled out.

 

In France, margins have been affected by the unfavorable economic climate, while the European region and the rest of the world have continued to grow. Consolidated net income at June 30, 2014 will be firmly in positive territory.

 

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 2014 will be released on Tuesday September 9th (after close of trading).

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