Lanson-BCC reported audited consolidated earnings results for the first half of 2018. For the period, the company reported revenues of EUR 88.20 million against EUR 85.07 million a year ago. EBIT was EUR 1.90 million against EUR 2.62 million a year ago. Net income was EUR 0.17 million against EUR 0.59 million a year ago. Consolidated net debt represents EUR 525.59 million, compared with EUR 521.81 million at June 30, 2017.

Due to the seasonality of Champagne sales, these positive results cannot be extrapolated over the full year for 2018. As visibility for the end of the year is still limited, the Group is not releasing any forecasts for the full year, but it is important to note that the second half of the year generally represents nearly double the first six months.