24.10.2011 - Vinexpo news selection
Over the first half of 2011, the Vranken-Pommery group recorded a turnover of 126.7 million euros, up by 5% - an increase due to international activity. The group also means to strengthen its presence in Asia, which is regarded as a growth area, with creation of a subsidiary in China and a team focusing on prestige marketing in Japan.
In France, the group’s results have been affected by the refocusing of its still wines activity on the Châteaux and Domaines segment to the detriment of its wine-merchant activity, with restructuring costs that should continue to burden the activity up until 2014. (V&S News – 22 September 2011)