Vranken-Pommery Monopole - Consolidated turnover for 2021: €300.4 million (+23.1%) Growth well above forecasts
January 18 2023 - 11:40AM
Vranken-Pommery Monopole - Consolidated turnover for 2021: €300.4
million (+23.1%) Growth well above forecasts
FINANCIAL PRESS RELEASE
Consolidated turnover for 2022: € 334.5
million (+11%)
Sustained Growth
CONSOLIDATEDTURNOVER |
CHAMPAGNES* |
PROVENCES & CAMARGUES* |
OTHERS (PORTS, SPARKLING WINES, MISCELLANEOUS)* |
€ 334,5 million |
€ 287,7 million |
€ 25,8 million |
€ 21,0 million |
+11% |
+12% |
+1% |
+11% |
compared to 2021 turnover |
* under audit
Reims, January 18, 2023
Vranken-Pommery Monopole, a "Société à Mission"
since June 2021, has adopted "La Vérité du Terroir" as its
signature. Aware of its social responsibility and strengthened by
its action in favor of the protection of the environment and
biodiversity, the group thus expresses its commitment to the
promotion of its Champagnes and its wines from exceptional terroirs
throughout the world. The desire to create sustainable value is
thus enshrined.
The Group's consolidated revenues for 2022 have
risen by 11% to € 334.5 million, primarily thanks to the
development of sales for Champagne Pommery & Greno and
Champagne Vranken in France and abroad, which have accounted for
64% of Champagne sales.
ChampagnesRevenues for the
Champagne business grew by 12% in 2022 and sales increased in all
three geographic areas (France, EU and third countries). The
breakdown of sales remained relatively stable, with exports
accounting for 67%, supported by more dynamic sales in third
countries, in particular Australia and Japan. The recovery of
post-covid activity in out-of-home consumption explains the good
performance of sales in France in 2022.
Côtes de Provence and Sable de
CamargueAfter a very sharp drop in the 2021 harvest in the
Camargue region, which penalized sales, the 2022 harvest was
fortunately up by 20% and enabled us to make up some of the
branch's sales at the end of the year. Every effort has been made
to return to normal yields thanks to water inputs and the
application of new high-performance cultivation methods.
Ports and Douro WinesThe
development of sales in Portugal, with renewed tourist activity in
the country, is supporting the growth in the sector's overall
activity.
Sparkling WinesRevenues remain
modest, but the business group is growing rapidly and confirms the
ambition to make sparkling wines a growth driver for the future,
both for the "bubbles" produced in England and California under the
Louis Pommery brand, and for those produced in the Camargue.
Next communication
Publication of 2021 annual results : March 30,
2023 after the close of trading
About Vranken-Pommery
Monopole
Vranken-Pommery Monopole manages 2,600 hectares
of land, owned outright or under lease and spread over four
vineyards in Champagne, Provence, Camargue and Douro. The group’s
wine-making activities range from production to marketing, with a
strong commitment to the promotion of terroirs, sustainable
wine-growing and environmental conservation.Its brand portfolio
includes:
- the
Vranken, Pommery & Greno, Heidsieck & Co Monopole, Charles
Lafitte and Bissinger & Co champagnes;
- the
Rozès and Sao Pédro port wines and the Terras do Grifo Douro
wines;
- the
Domaine Royal de Jarras and Pink Flamingo Camargue wines and the
Château La Gordonne Provence wine;
- the
Sparkling wines, the Louis Pommery California, Louis Pommery
England, Brut de France and Pink Flamingo sparkling wines.
Vranken-Pommery Monopole is a company listed on
NYSE Euronext Paris and Brussels. (code "VRAP" (Paris), code "VRAB"
(Brussels); ISIN code: FR0000062796).
Contacts
Vranken-Pommery Monopole :Franck Delval,
Directeur des Contrôles Financiers+33 3 26 61 62 34,
comfi@vrankenpommery.fr |
PressLaurent Poinsot, +33 1 53 70 74 77,
lpoinsot@image7.frCaroline Simon, +33 1 53 70 74 65,
caroline.simon@image7.fr |
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- Financial Press Release VPM 2022 turnover
- Financial Press Release VPM 2022 turnover
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