Lanson-BCC : 2023 expected to be down, penalised by the sharp fall in volumes in H2 and the increase in financial charges
>A decline in the champagne market after two years of growth - At end-November and over 12 rolling months, champagne shipments were down by 9.2% to 301.4m bottles. Shipments from the champagne houses were down 9.9% with those of cooperatives down 15%. By region, volumes shipped were down by 10% in France and 8.7% for the export market. After a two-year period of euphoria in the market following the pandemic, consumption slowed in an inflationary context. Surplus stock...Lanson-BCC produces, sells and markets champagne. Co. owns a portfolio of houses which are: Champagne Lanson (international market), Champagne Boizel (French-mail order, wines distributed in the traditional sector for international markets), Champagne Chanoine Freres (mass retail market), Champagne Philipponnat and Champagne De Venoge (selective retail markets), Champagne Alexandre Bonnet (traditional sectors), Maison Burtin (mass retail supplier, distributed through traditional networks). Co.'s brands are Boizel, Chanoine Freres, Tsarine, Philipponat, Clos des Goisses, Abel Lepitre, De Venoge, Alexandre Bonnet, Lanson, Besserat de Bellefon, Alfred Rothschild.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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