Laurent-Perrier : 2021-22 expected to post strong growth, thanks to volumes
>Still-robust market trend in the first two months of 2022 - 2021 was characterised by a marked uptick in the champagne market following the lifting of health restrictions and the development of new at-home consumption and celebration trends, facilitated by the rise of e-commerce. According to CIVC, shipments amounted to 320m bottles, up 31% on 2020 and +7.7% on 2019. This trend reflects particularly the marked recovery in sales in international markets (+15.1% vs 20...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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