Lanson-BCC MAJOR MAJOR CHAJOR CAMPAGNE again refused to issue annual financial expectations after reporting a mixed group of half-year numbers.
The company booked better revenues, but the decrease in profits for the first half of 2025 amid the costs of production and higher financing.
Revenue increased by approximately 5 % due to “a mixture of favorable prices/product” and despite the shipping of Lanson low folders on an annual basis.
In a note besides publishing the company’s results in the first half, Lances said: “Because of the very seasonal nature of champagne sales, the results of the first half cannot be extracted throughout the full year.
“Traditionally, about a third of the annual sales are created during the first half, which also carries about half of the fixed costs of this year.
“In an unconfirmed economic and geopolitical environment, and without a vision over the end of the year, Lanson-BC does not make expectations the entire year.”
The revenues of the first half amounted to 92.1 million euros (107.8 million dollars), an increase of 4.8 % on an annual basis.
Export sales came in less than half of the group’s revenues compared to 52.4 % in the first six months of 2024. The works indicated that shipments were reduced to the United States and Asia.
However, the total Lanson margins decreased and its income from regular operations decreased by 11.9 % to 10.9 million euros.
Amid 15.4 % increase in financing costs, the company’s net income decreased by 49.7 % to 1.9 million euros.
Lanceon said that the rise in financing costs is due to the “high level of bridging credit facilities and the average cost of debt.”
“There are still no expectations from the fiscal year from Lanson-BCC amid the mixed results of H1” were created and originally published Just drinkThe brand owned by Globaldata.
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