VRANKEN-POMMERY MONOPOLE

2019 REVENUE - 2019 revenue: €274.6 million

Financial press release

2019 REVENUE
2019 revenue: €274.6 million

Reims, 21 January 2020

Cumulative data in € millions	31/12/2019	31/12/2018	Change	%
Champagne	209.4	232.6	-23.2	-10.0%
Provence and Camargue wines	12.4	11.2	1.2	+10.7%
Others (Port, Sparkling Wines and other)	21.7	23.6	-1.9	-8.0%
Semi-finished products and generic wines	31.1	33.0	-1.9	-5.8%
Revenue (*)	274.6	300.4	-25.8	-8.6%
(*) under audit

The Vranken-Pommery Monopole group's revenue came to €274.6 million in the 2019 financial year, down 8.6%.

This fall in revenue is exclusively due to the drop in champagne and port sales in the French off trade. This in turn results from the coming into force on 1 January 2019 of the EGalim Act regulating French supermarket promotions, which brings sweeping changes to the traditional promotions that boost sales.