FRANCE: Laurent-Perrier profits up on Champagne recovery
The sixth largest Champagne maker Laurent-Perrier has given further evidence that the market for sparkling wine has bounced back from its post-millennium slump by reporting a 67.2% leap in first-half net profits. However extra hiring costs will mean that full-year operating profits will fall slightly below its 2001/02 result. The group has increased its commercial staff by a quarter since January.
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