Laroche said it expects higher growth in the second half of the year, which is the customary pattern for its sales. The company confirmed its forecast for 10% turnover growth for the full fiscal year to the end of March 2003. It posted turnover of €29m ($28.4m) in 2001/02.
FRANCE: Michel Laroche sales up 6% in first half
The French wine group, Michel Laroche, reported turnover of €14.8m ($14.5m) for the first half of the current 2002/2003 fiscal year, up 5.7% from €14m ($13.7m) in the first half of the previous fiscal year.