At the end of its general meeting of June 25, the Center Vinicole-Champagne Nicolas Feuillatte has just published its results for the 2020 financial year.he turnover, which amounted to 170.2 million euros, was down 19.6%, the Champagne cooperative maintained its net profit amounting to 7.8 million euros at 4.6% of sales through control of operating costs. “A real performance” insists Christophe Juarez, general manager of the CV-CNF. The wine center records an overall sales volume of 9.3 million bottles (- 17%) while the domestic market is down by almost – 20%.
In addition, the cooperative highlights the deployment of the champagne brand with an international positioning acquired from Freixenet two years ago and renamed Abele 1757. A new cellar master Etienne Eteneau took over Abelé 1757 since June 1.
Finally, the validation of the merger treaty between the CV-CNF and the regional cooperative of champagne-Champagne Castelneau wines (CRVC) is announced for January 2022.
–
