Lanson-BCC, the second largest group in Champagne, has recently released its financial results for the first half of 2021, indicating a strong increase in sales to EUR 99.11 million.
This represents an increase of +33.7% compared to the first semester of 2020 (EUR 74.13 million), and an increase of +24.7% compared to the first semester of 2019.
The income from exports reached 57.9% as of 30th June 2021, compared to 50.2% on 30th June 2020 thanks to better performances in several European markets, namely Germany, Belgium, Italy, Switzerland, and in the UK where the Lanson historically holds significant market shares, but also in the US and Russia.
The Group reminds that given the global economic recovery, the champagne industry as a whole has recorded an excellent first half of 2021. The total value of champagne sales grew by +47.9%, against a drop of -29.4% in the first half of 2020 due to the Covid-19 crisis.
The French market, which represents 40.4% of the champagne sales, recovered with a growth of +32.2% against a contraction of -29.2% in H1 2020.
Exports to the EU and other countries also improved significantly, exceeding their historical record of 2018.
As for Champagne’s largest producer, LVMH has also recently released its interim financial report for the six-month period ended on the 30th of June 2021, indicating that champagne volumes sales volumes up +57% with respect to the first half of 2020 and 10% compared with 2019, with particularly strong growth in Europe and the United States.