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Champagne group sales up 15%

Published:  23 July, 2008

Group Laurent-Perrier has announced its first half sales have risen 15% compared with the same period last year.

Sales increased to 115.43m (81m) from 100.27m (70.4). It attributed the growth to strong export markets, particularly Japan.

It predicts volume growth will slow in the second half of the year primarily due to the Japanese market slowing.

The company, which includes De Castellane, Champagne Salon and Delamotte said the Laurent Perrier brand, had experienced the most growth.