Press release date:

26/01/2021 - 5:45pm

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).

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Lanson-BCC SA published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 16:55:01 UTC