Laurent-Perrier : Strengthening of fundamentals after an exceptional FY 2021-22
>Business remained brisk in H2. Market share gains in 2021 - The strong organic growth in champagne sales of 43.5% in H2 2021-22 was driven by a +33.6% volume effect but also by a 10% price/mix effect, reflecting the launch of vintages (Salon) and price increases. All told, Laurent Perrier gained market share, particularly for the Laurent-Perrier brand, whose volumes in 2021 increased by 52% vs 2020 and by 12% vs 2019, compared with +31% and +8% respectively for the m...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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