Vranken Pommery : Growth in operating profitability in H1 despite the decline in sales
>An underlying operating profit of € 15.1m (+22.8%) and a net loss of € 1.9m vs -€ 1m in H1 2023 penalised by the rise in interest expense - Unlike Lanson-BCC, Vranken Pommery reported yesterday an underlying operating profit up by € 2.8m to € 15.1m, well above our expectations (€ 9.3m) on the back of sales already reported but adjusted to € 109.6m (vs € 108m) after the integration of a wine service operation. It should be noted that the H1 2023 accounts have also be...Vranken-Pommery Monopole is engaged in the production, marketing and distribution of alcoholic beverages, primarily champagne, porto and pink wine (Rose). Co.'s brands are Pommery, Vranken, Heidsieck & Cdeg Monopole and Charles Lafitte for champagne; Sao Pedro, Rozes et Terras do Grifo for Porto; and Listel and Chapelle Gordonne et Billette for pink wine (Rose). Co.'s activities can be divided into three segments: Vineyard which focuses on managing Co.'s vineyard and wine-producing activities; Production of champagne, porto and pink wine; and Distribution and Marketing of products.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.