AI assistant
Lanson-BCC Earnings Release 2020
1470_iss_2021-01-26_f7f907eb-a9e0-4672-99af-9a7261e05c22.pdf
Earnings Release
Open in viewerOpens in your device viewer
PRESS RELEASE
2020 REVENUES: €223.12M
Reims, Tuesday January 26, 2021 - 5:45 pm
The LANSON-BCC Group is reporting €223.12m in consolidated revenues for 2020, down -10.9%. Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group's consolidated revenues came to €219.74m, down -10.7%.
| Revenues (€m) | 2020 | 2019 | Change (%) |
|---|---|---|---|
| H1 | 74.13 | 79.47 | -6,7 |
| H2 | 148.99 | 170.81 | -12,8 |
| Year to December 31 | 223.12 | 250.29 | -10,9 |
According to the CIVC's initial estimates, the global Champagne wine market decreased in volume by - 17.7% in 2020 to 245 million bottles shipped: -19.4% for France, -13.2% for Europe and -19% for the rest of the world.
In contrast to the 2019 financial year, which was favorable in the off-trade sector and difficult in mass retail sector, this last sector held up the best in 2020. Off-trade sales players, particularly restaurants, events, and duty free, suffered the biggest decline in sales.
2020 full-year earnings will be released on Thursday March 18, 2021 (after close of trading).
| LANSON-BCC is a group built around eight Maisons producing Champagne wines, created and led by Champagne families. It unites together outstanding Maisons, renowned for their unique wines and benefiting from the effective fit between their customer segments. The combination of ancestral know-how and modern technical capabilities, creative independence and rational synergies enables each one of its Maisons to develop its performances, ensuring the LANSON-BCC Group's sustainability. |
Euronext Growth ISIN: FR0004027068 Ticker: ALLAN Reuters: ALLAN.PA Bloomberg: ALLAN:FP |
|---|---|
| • Champagne Lanson, prestigious Maison founded 1760, Reims, holder of a Royal Warrant since the time of Queen Victoria, 80% of Champagne sold on international markets. |
Indices: EN Growth Allshare, EnterNext PEA-PME 150 |
| • Champagne Chanoine Frères, Maison founded 1730, Reims, Champagne sold primarily for the European mass retail market, reputed above all for its attractive Tsarine cuvee. |
Eligible for SME share-based savings schemes (implementing order of March 5, 2014) |
| • Champagne Boizel, Maison founded 1834, Epernay, Champagne distributed through mail order in France (BtoC) and in traditional sectors for international markets. |
LANSON-BCC Nicolas Roulleaux Dugage Tel: +33 (0)3 26 78 50 00 [email protected] [email protected] CALYPTUS Cyril Combe Tel: +33 (0)1 53 65 68 68 [email protected] |
| • Champagne De Venoge, Maison founded 1837, Epernay, Champagne sold on selective retail markets, notably with its Cordon Bleu and Princes ranges and its Louis XV grande cuvee. |
|
| • Champagne Besserat de Bellefon, Maison founded 1843, Epernay, Champagne distributed through traditional networks (restaurants, wine stores), producer of the renowned Cuvée des Moines. |
|
| • Champagne Philipponnat, Maison founded 1910, Mareuil sur Aÿ, owner of Clos des Goisses, Champagne sold on selective retail markets and in the world's leading restaurants. |
|
| • Maison Burtin, Epernay, private-label supplier for the European mass retail market and also producer of Champagne Alfred Rothschild. |
|
| • Champagne Alexandre Bonnet, Les Riceys, owner of a vast vineyard, with wine sold in traditional sectors, also producer of Rosé des Riceys. |
|
| www.lanson-bcc.com |