Global Champagne volumes have recovered well from the lows of the economic downturn, but major question marks remain over future value growth, according to a new just-drinks research report.
Champagne has already seen significant merger and acquisition activity in the past year or so, but there could be further deals in the pipeline, writes Nuria Sadurni of Euromonitor International.
Vranken-Pommery Monopole has declined to issue a full-year forecast as still wine growth propped up falling Champagne sales in the first six months of the year.
Vranken-Pommery Monopole has seen group sales lift in the third quarter, though the Reims-based company reported double-digit declines over the year to date.
Here's a round-up of this week's highlights in the global spirits & wine categories. We are also running similar round-ups for beer and soft drinks & bottled water.
Vranken-Pommery Monopole has seen its nine-month sales edge up, helped by on-going growth for its Champagne portfolio.
Champagne and still wine producer Vranken-Pommery Monopole has reported a 9.2% lift in first-half sales, helped by a strong export performance.
Vranken-Pommery Monopole has reported a 5.6% rise in third-quarter group sales, helped by a strong performance from its premium Champagne brands.
Champagne producer Vranken-Pommery Monopole has seen its net losses narrow in the first half of this year, as the company continues to focus on its leading brands.
Vranken-Pommery Monopole has reported a 4% drop in full-year sales, but seen a strong performance in its export Champagne markets including Japan and the US.
The top ten stories published on just-drinks last week:
Vranken-Pommery Monopole has announced a capital increase of EUR42.5m (US$54.3m) to help finance the acquisition of five companies, including Champagne house Bissinger & Co.
Vranken-Pommery Monopole saw its core Champagne sales rise in Q2, with positive growth outside of Europe.
Weaker demand for Champagne in the fourth quarter of 2011 has caused Vranken-Pommery Monopole to report a dip in full-year sales.
Vranken-Pommery Monopole has said that it continues to see growing demand for Champagne around the world, after reporting a near-9% rise in sales for the third quarter of 2011.
Vranken-Pommery Monopole has reported that it almost broke even in the first half of 2011, as international markets continue to drive Champagne sales.
A fall in full-year profits has rubbed the shine off Vranken-Pommery Monopole's rebounding Champagne sales.
The Champagne industry's ruling council has said that there is more work to do to rebuild consumer demand, despite a series of sales rebounds for some of the sector's biggest players.
Laurent-Perrier has reported a stronger rise in Champagne sales than some of its rivals in the final three months of 2010, but the group still lagged its pre-crisis performance.
Global Champagne sales rebounded in 2010, but demand failed to surpass the levels of 2008, according to trade body Comité Interprofessionnel des Vins de Champagne (CIVC).
Vranken-Pommery Monopole has seen its share price rise after the Champagne house reported strong trading for 2010.
Vranken-Pommery Monopole has said it is heading into 2011 in confident mood after seeing Champagne sales rebound in 2010.
Champagne corks may be popping again but the region's trade council will again limit production as it attempts to regain price-points lost during the recession.
A rebound in Champagne sales and lower net debt helped Vranken-Pommery Monopole to reduce net losses in the first half of 2010.
Vranken-Pommery Monopole has hailed a resurgence in consumer demand for Champagne after reporting a rebound in sales for its fiscal half-year.
Leading Champagne group Vranken-Pommery Monpole has outperformed its sector in 2009, limiting a sales decline to 5% and reporting a rise in net profits for the year.
Champagne house Vranken-Pommery Monopole has outperformed rivals in 2009 to report a sales decline of less than 10% for the year.
Champagne's ruling council will this week restrict the amount of Champagne allowed onto the market, as new figures suggest export sales have plummeted in the first half of 2009.
Champagne house Vranken-Pommery Monopole has reported heavier losses in the first half of 2009, but sales outperformed some of its rivals in the sector.
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