Taittinger, the Champagne, luxury goods and hotels group, has posted a slight drop in revenue across the group. Revenue from its champagne unit, however, showed a small rise.

Total revenue for 2003 dropped by 2% to €773m(US$959.7m), from €789m in 2002.

In both luxury goods and hotels, the company saw revenue fall, while Taittinger's 100%-owned Champagne division recorded a climb in revenue of 3.4% to €100m.