Laurent-Perrier : Exceptionally robust H1. But the fundamentals are further strengthened
>Market share gains with volumes up 12.4% with 18.5% for the Laurent-Perrier brand vs +3.5% for the market - Demand remained robust in the first half, particularly: 1/ for the prestige vintages (Rosé, Grand Siècle, Blanc de Blanc) which account for 46% of the Laurent -Perrier brand, and 2/ in export markets where sales (87% of L-P brand sales) grew by 47% vs +15% in France and +13% in Europe. The company gained share in its markets such as the US, the UK but also in F...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.
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