The financial statements for the 2022-2023 fiscal year, ending March 31, 2023, have been finalized. Laurent-Perrier has announced a further increase in its results.

Sales for the year were up +3.1% to 301.8 million euros at current exchange rates. This performance is due in particular to the Group's value policy implemented in recent years, with a positive price/mix effect of +9.5%.

The Group's operating margin reached a record 28.1% at current exchange rates. Net income was also up sharply. 58.5 million at current exchange rates, representing 19.4% of consolidated sales.

Despite an uncertain geopolitical and economic context, the Group is continuing to implement its 2021-2025 business plan, and is staying the course of its value strategy 'by continuing to rely on the quality of its Champagne wines, the quality of its teams, the strength of its brands and the mastery of its distribution', emphasizes Stéphane Dalyac, Chairman of the Management Board.

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