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Lanson-BCC — Earnings Release 2017
Nov 7, 2017
1470_10-q_2017-11-07_44be09b8-c149-45a3-b83b-ff7e5a8f6e70.pdf
Earnings Release
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PRESS RELEASE
REVENUES FOR THE FIRST NINE MONTHS OF 2017
Reims, Tuesday November 7th, 2017 - 5:45 pm
The LANSON-BCC Group recorded 135.85 million euros in consolidated revenues for the first nine months of 2017, down -5.8%.
Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group's consolidated revenues came to 133.24 million euros, down -4.5%.
| Revenues in € million | 2017 | 2016 | Change (%) |
|---|---|---|---|
| First quarter | 40.7 | 45.0 | - 9.6 |
| Second quarter | 44.4 | 46.8 | - 5.1 |
| Third quarter | 50.8 | 52.4 | - 3.1 |
| Total for 9 months | 135.9 | 144.2 | - 5.8 |
During the first nine months of the fiscal year, the volumes of the Group's Houses declined on the French market, but export sales continued to increase for several European destinations as well as the United States, Russia and Japan in particular.
The LANSON-BCC Group would like to highlight that the fourth quarter usually accounts for around 45% of Champagne wine shipments, which means that levels of consumption at the end of the year will be decisive.
2017 full-year revenues will be released on Thursday February 1st, 2018 (after close of trading).
| LANSON-BCC is a group built around seven Houses that produce | Euronext Compartment B |
|---|---|
| Champagne wines, created and led by Champagne families. The Group unites together outstanding Houses, renowned for their unique wines and benefiting from the effective fit between their customer segments. The blend |
ISIN: FR0004027068 Ticker: LAN |
| of ancestral know-how and leading-edge technical capabilities, creative independence and rational synergies enables each one of its Houses to develop |
Reuters: LAN.PA |
| its performances, ensuring the LANSON-BCC Group's sustainability. | Bloomberg: LAN:FP |
| - Champagne Lanson (Reims), the prestigious international brand. | Indices: CAC All Shares, |
| - Champagne Chanoine Frères (Reims), wines intended primarily for the European mass retail market (Chanoine brand), reputed above all for its |
CAC Beverages, CAC Consumer Goods, EnterNext PEA-PME 150 |
| famous Tsarine cuvee. | Eligible for SME share-based |
| - Champagne Boizel (Epernay), French mail-order market leader, with wines distributed in the traditional sector for international markets. |
savings schemes (implementing order of March 5th, |
| - Maison Burtin (Epernay), a European mass retail supplier and owner of the | 2014) |
| Besserat de Bellefon brand, which is distributed through traditional networks (restaurants, wine stores). |
|
| - Champagne De Venoge (Epernay), sold on selective retail markets, notably | LANSON-BCC Nicolas Roulleaux Dugage |
| with its Louis XV grande cuvee. | Tel: +33 3 26 78 50 00 |
| - Champagne Philipponnat (Mareuil sur Aÿ), which owns the famous Clos | [email protected] |
| des Goisses, with wines also available on selective retail markets as well as in top-quality restaurants. |
[email protected] |
| - Champagne Alexandre Bonnet (Les Riceys), owner of a vast vineyard, | CALYPTUS |
| with wine sold in traditional sectors. | Cyril Combe |
| www.lanson-bcc.com | Tel: +33 1 53 65 68 68 [email protected] |