Laurent-Perrier Reports Decline in Annual Profits for 2024-2025

The 2024-2025 financial statements for Laurent-Perrier indicate a notable decline in performance. The Group's operating profit fell to €74.4 million, representing a 21.8% decrease from the previous year. Despite this downturn, the company maintained a high operating margin of 26.3% due to strategic investments and brand support.

Champagne sales dropped by 6.8%, totaling €282.9 million. This decline correlates with a 6.0% reduction in sales volumes amid a contracting global Champagne market. Net profit for the year was €47.4 million, down 25.4% from the previous year, reflecting 16.1% of group revenue.

Operating cash flow saw a decline, standing at -€11.2 million compared to +€0.9 million the previous year, primarily due to a reduction in operational funds. Despite financial challenges, the Group's equity rose to €627.3 million, and it retained a healthy gearing ratio of 0.35.