Lanson-BCC : Good resilience of business in H1...
>Sales down by just 6.7% to € 74.13m - Lanson-BCC reported H1 2020 sales down 6.7% to € 74.13, significantly better than expected (vs € 58.2m est.). Excluding the brokerage business, sales declined by 5.8% to € 73.45m. According to the press release, this relative performance is attributable to a first quarter that showed a clear improvement on a favourable comparison basis (negative impact of the EGalim law application that governs promotions in French supermarkets) ...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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