FINANCE
2020/2021 was a year of resilience.
After a decline in the first half of the year, activity rebounded significantly in the second half, ending the year up +1.8% at constant scope and exchange rates. This performance was driven by the Americas (+18.6%) and in particular by the United States, which benefited from a shift in consumption from bars and restaurants towards at-home consumption. The trend in Asia Pacific (-4.5%) masks strong growth in mainland China and Australia. Europe, Middle East & Africa (-21.7%) was penalised by health restrictions, but the United Kingdom, Benelux, Switzerland and Eastern Europe recorded good momentum.
During the year, the Group completed the acquisition of two new Maisons: the Maison de cognac JR. Brillet and the Maison de Champagne J. de Telmont.
