French Champagne house Laurent-Perrier has posted a healthy rise in first-quarter sales but warned of slowing sales in the months ahead.

Laurent-Perrier today (25 July) reported a 16.1% leap in sales to EUR48.4m (US$61.2m), thanks to a strong performance from core brands including its Brut Millésimé.

Volumes rose 11.1%, the company said, driven by strong export sales. Laurent-Perrier also said its policy of focusing on more expensive brands was paying off, a policy it would continue to follow. "The company wishes to grow, as a priority, the sales of its prestige cuvee, Grand Siècle," Laurent-Perrier said.

However, the company warned that, while it was "optimistic" about the "general outlook" of the Champagne market, it expected difficulties in the months ahead. "Volume growth should slow down markedly in the coming quarters," Laurent-Perrier said.