Professional
Added to YB: 2025-01-15
Pitch date: 2024-12-31
LPE.PA [bullish]
Laurent-Perrier S.A.
-9.57%
current return
Author Info
No bio for this author
Company Info
Laurent-Perrier S.A. produces and sells champagne in France. The company sells its products mainly under the Laurent-Perrier, Salon, Delamotte, and Champagne de Castellane brands.
Market Cap
EUR 562.6M
Pitch Price
EUR 99.75
Price Target
N/A
Dividend
2.19%
EV/EBITDA
9.57
P/E
12.00
EV/Sales
2.66
Sector
Beverages
Category
value
East 72 Dynasty Trust Portfolio Holding: Laurent-Perrier S.A.
LPE.PA: Champagne maker, 3.6% mkt share, 87% exports. High-end focus (45% sales) drives 63% gross margin. €33M marketing (12% sales). Conservative debt vs peers. Trades at low multiple vs alcohol sector. Comité controls supply, stabilizing industry. 2024 yield cut to 10t/ha, market €6.1-6.2B.
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