- Business
- Laurent-Perrier S.A. (LPE.PA) produces and markets premium Champagne wines as a family-owned négociant house headquartered in Tours-sur-Marne, France, and founded in 1812; the company oversees the Laurent-Perrier Group, which sells nearly 10.3 million bottles annually across four main brands including Laurent-Perrier, Salon, Delamotte, and Champagne de Castellane positioned from upper-middle to ultra-premium categories. Core products encompass the Laurent-Perrier Cuvée Brut, Rosé Brut, Ultra Brut (non-dosage), Millésimé, Grand Siècle prestige cuvée and its iterations, Cuvée Alexandra, Blanc de Blancs Brut Nature, and still wines under brands like Jeanmaire, Oudinot, and Beaumet; premium offerings such as Rosé Brut, prestige cuvées, and unsweetened Brut Nature represent around 44.6% of Laurent-Perrier brand sales, with the Group sourcing grapes from over 1,200 supply contracts and managing 150 hectares across Champagne's key terroirs including Montagne de Reims, Vallée de la Marne, Côte des Blancs, and Côte des Bar. Operations span France (19.4% of sales) and exports to over 130 countries including the UK, US, Belgium, Switzerland, Italy, Japan, and Germany (80.6% of sales), primarily through specialized channels like restaurants, hotels, wine merchants, and direct sales alongside select retail in markets such as Belgium. Recent developments include robust 2023-2024 financial performance with €303.5 million in Champagne sales, a 62.8% gross margin, and €95.1 million operating profit despite market slowdowns; interim 2025-2026 results confirm a strong balance sheet with €627.3 million equity; strategic continuity under Cellar Master Olivier Vigneron, who succeeded Michel Fauconnet to preserve the House's freshness-elegance-purity style; and ongoing investments in sustainable viticulture, brand enhancement, and global distribution subsidiaries in the US, UK, Germany, Italy, Switzerland, and Belgium. The de Nonancourt family controls 65.17% of capital and 78.28% of voting rights, with Alexandra Pereyre de Nonancourt, Stéphanie Meneux de Nonancourt, and Lucie Pereyre active in leadership alongside Chairman Stéphane Dalyac.