Vranken Pommery Monopole (FR:VRAP) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Vranken-Pommery Monopole reported H1 2024 sales of €108m, a 5.8% decrease from H1 2023, with a stable domestic market but a decline in exports, particularly in Germany, Italy, and Japan. The anniversary cuvée, Pommery Grand Apanage 1874, was launched to celebrate 150 years of Brut by Madame Pommery. The company is also focusing on biodiversity initiatives across its vineyards and production sites, while challenging weather conditions pose a threat to the 2024 Champagne harvest yields.
For further insights into FR:VRAP stock, check out TipRanks’ Stock Analysis page.
