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LANSON-BCC Reports 6% Sales Decline Amid Market Challenges in 2024

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LANSON-BCC Reports 6% Sales Decline Amid Market Challenges in 2024

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Lanson-BCC ( (FR:ALLAN) ) just unveiled an update.

In 2024, LANSON-BCC’s sales decreased by 6.0%, aligning with the Champagne market’s overall decline in volume due to inflation and geopolitical uncertainties. Despite these challenges, the group remains committed to strengthening its high-end market positioning and addressing rising costs, particularly in grape prices and wine aging.

More about Lanson-BCC

LANSON-BCC is a group of eight prestigious Champagne wine-producing Houses, known for their quality and distinctiveness, with a focus on high-end wines. The group combines traditional know-how with modern techniques to ensure sustainability and improve performance across its Houses.

YTD Price Performance: 0.0%

Average Trading Volume: 39

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €237.4M

For a thorough assessment of ALLAN stock, go to TipRanks’ Stock Analysis page.

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