Laurent-Perrier : The group’s value and international expansion strategy is strengthening its resilience in an uncertain climate
>A solid price mix to offset the volume decline in H1 - Key takeaways from the analysts’ meeting following the H1 earnings release:According to the CIVC shipment figures, the champagne market was down only 1.2% at end-September on a rolling 12-month basis. However, these statistics include shipments from some houses, such as Laurent Perrier, that had built up precautionary inventories for their UK and US subsidiaries, in anticipation of Brexit and a hike in custo...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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