Laurent-Perrier (LPE) H2 24/25 earnings summary

Executive summary

• Annual results declined from the previous year's record, but profitability and operating margin remain high despite a challenging champagne market.

Financial highlights

• Group revenue for FY 2024-2025 was €282.9 million, down 6.8% year-over-year.

• Operating profit fell 21.8% to €74.4 million; operating margin at 26.3%, down 5.0 pts.

• Net profit attributable to the Group was €47.4 million, a 25.4% decrease year-over-year.

• Earnings per share dropped to €8.02 from €10.74.

• Operating cash flow was negative at -€11.2 million, compared to +€0.9 million the prior year.

Outlook and guidance

• Continues to implement its value strategy focused on premium champagne, renowned brands, quality sourcing, and controlled distribution.

• Moves forward with caution amid significant geopolitical and economic uncertainty.