2016 Revenues: 259.15 million euros

Press release date: 
02/02/2017 - 5:45pm

Reims, Thursday February 2, 2017 - 5:45 pm

 

The LANSON-BCC Group is reporting 259.15 million euros in consolidated revenues for 2016.

Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group's consolidated revenues came to 252.23 million euros.

 

Revenues (€M)

2016

2015

Change (%)

 Nine months

144.2

138.5

+ 4.2

 Fourth quarter

114.9

128.0

- 10.2

 Year to December 31

259.1

266.5

- 2.8

 

In a global Champagne wine market that contracted 1.9% in 2016 (306.6 million bottles shipped
- provisional source: CIVC), the LANSON-BCC Group faced a challenging environment on the French market (-2.3% - provisional source: CIVC). In addition, in the UK, its second largest market, the Group maintained its sales, but revenues were affected by the sterling's sharp depreciation against the euro
(-11.4%).

 

Consolidated revenues for the fourth quarter of 2016, representing this year 44% of full-year consolidated revenues, were affected by a substantially less dynamic end to the year than in 2015.

 

2016 earnings will be released after close of trading on Thursday March 30, 2017.

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