Champagne Nicolas Feuillatte hails record volumes in 2014
Centre Vinicole - Champagne Nicolas Feuillatte has announced record volume sales in 2014 as well as a rise in full-year operating profits and sales against a backdrop of continued economic uncertainty.
Operating profits in the 12 months to the end of December rose by 11.2% to EUR19.8m (US$21.6m), the group said yesterday. Net sales rose to EUR214.1m over the same period, an increase of 2.2%.
Volumes climbed 8% to 10.7m bottles with exports up 12% - a growth rate superior to that of Champagne exports globally, Nicolas Feuillatte claimed.
"Exports now account for 45% of our (global) volumes and remain a source of growth in the years to come."
The company noted that it was "pursuing its development" in the US and the UK while Europe as a whole had performed well.
Nicolas Feuillatte said it had also "confirmed its presence" in Asia last year, while Japan continued to be its biggest market in the region.
Earlier this year, work began on building a new vat dedicated to reserve wines as well as a new head office. A year ago, the company promoted Julie Campos to the post of CEO.
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