The French Champagne, hotels and luxury goods group, Taittinger SA, reported consolidated turnover of €199.4m ($199.7m) for the third quarter of 2002, representing a 0.03% decline from the same quarter last year.

Champagne sales fell by 1.9% to €21.6m ($21.63) in the third quarter, while turnover from the company's luxury hotels operations fell by 2.1% to €64.7m ($64.8m).