Laurent-Perrier : Strong business recovery with market share gains
>Market share gains in the group’s main countries - Champagne shipments from January to September were 40% higher than last year and 8% above the same period of 2019, according to CIVC data. This sharp upturn relative to 2019 was mainly driven by international markets (+14.8%) while France is down a slight 0.8%. Laurent-Perrier posted 29.5% growth vs H1 2019-20, boosted by volumes (+19%). The price mix showed a decline of 4.5% in H1 due to the lower contribution from...Laurent-Perrier is a holding company. Through its subsidiaries, Co. is engaged in the production and distribution of champagne. Its products are sold through four main brands, which are Laurent-Perrier, Salon, Delamotte and Champagne de Castellane. Co.'s vineyards are held either directly by Co. or jointly with other growers through various real-estate companies. Co. organizes its business activities under three different types of legal entities: Champagne houses, Distribution subsidiaries, and Vineyards. For most of its export markets, Co.'s products are sold through specialized distribution networks such as cafes, hotels and restaurants, wine merchants and direct sales.
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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