Laurent-Perrier has seen annual sales of its Champagne increase, bouncing back from last year’s decline.
In its annual results released today (29 May) for the period ended 31 March, the group saw Champagne sales rise 4.2% on the year prior to €294.8m ($343.2m).
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Laurent-Perrier’s group revenue also increased year-on-year by 3.18% to €303.8m.
Operating profit was up 2.24% at €76.1m, while net income “attributable to the group” rose 4.52% to €49.5m, making up 16.3% of the company’s consolidated revenue.
Laurent-Perrier last saw growth in its Champagne sales in its 2023-2024 annual results. For that period, however, the level of growth was lower, with sales inching up 0.5%, albeit to a higher value of €303.5m.
Current volumes for the year ended this March increased 3.8%, the group said, though it did not disclose to what level. It added that the global Champagne market saw volumes dip 1.6%.
The growth comes at a time when recent data from trade body Comité Champagne has found Champagne sales to be struggling.
According to data issued by the group at the start of this year, Champagne volumes dipped by “just under 2%” to 266 million bottles in 2025.
It marked the third consecutive year in which Champagne sales had fallen.
In the Laurent-Perrier’s financial statement, Stéphane Dalyac, chairman of the management board, said: “In a complex and volatile market environment, the group recorded growth in both revenue and annual operating profit in 2025-2026, with operating profit reaching €76.1 million.
“Supported by the strength of our fundamentals – namely the quality of our Champagnes, control over our distribution and the investments made to support our brands – we continue to demonstrate the resilience of our value-driven model, once again maintaining a high level of operating margin.
“The Laurent-Perrier Group therefore remains firmly committed to its strategy, continuing to rely on the excellence of its Champagnes, the quality of its teams, the strength of its brands and the control of its distribution.”
In its financial statement, the company said it “continued to invest in the long-term development of its brands” in the year, which allowed it “to maintain a high level of operating margin rate of 25.8% at current exchange rates”.
It added: “At a time marked by major geopolitical and economic uncertainties, the Laurent-Perrier Group is continuing to implement its business plan with vigilance and confidence.”
