2021 revenues: €271.09M

Press release date: 
27/01/2022 - 5:45pm

Reims, Thursday January 27, 2022 - 5:45 pm

The LANSON-BCC Group is reporting €271.09m of consolidated full-year revenues, up +21.5%. Excluding the brokerage subsidiary, whose activity is traditionally subject to fluctuations, the Group’s consolidated revenues came to €264.31m, with +20.3%growth.

This increase is lower than for the overall industry: it reflects on the one hand, a higher basis for comparison - the Group’s sales contracted by “only” 10.9% in 2020 compared with 2019,in a global market that dropped - 16.7% - and, on the other hand, the new governance structure rolled out in our Maisons since 2019, aimed at creating more value through premiumization rather than through volumes. This policy, which was affected by the pandemic in 2020, received a more positive response from the markets in 2021 and will continue to move forward in 2022 and beyond.

Revenues (€m)

2021

2020

Change (%)

 H1

99.11

74.13

+33.7

 H2

171.98

148.99

+15.4

 Year to December 31

271.09

223.12

+21.5

 

Following a year that was significantly affected by the pandemic in 2020, the global Champagne wine market saw a +32% increase in volumes in 2021, with 322 million bottles shipped. France (44% of volumes) is up +25%, while exports (56% of volumes) achieved +38% growth (source: CIVC). For the LANSON-BCC Group, France is up by +15% (45% of volumes) and exports are up by 38% (55% of volumes).

On these markets that are picking up, our Maisons have made outstanding progress for exports, particularly for several European destinations and the United Kingdom, where Maison Lanson has historically had strong market shares, as well as in the United States or in Russia.

The growth in business in 2021 is expected to be accompanied by a significant improvement in profitability compared with 2020.

2021 full-year earnings will be released on Thursday March 17, 2022 (after close of trading).

Attached document: 

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