Introduction to the 2024 Universal Registration Document
Vranken-Pommery Monopole, a prominent player in the wine industry, has made its 2024 Universal Registration Document available to stakeholders and the general public. This essential document provides a comprehensive overview of the company's financial health, corporate governance practices, and other vital disclosures. With a strong emphasis on transparency, the Group submitted the document to the French Autorité des Marchés Financiers (AMF) on April 16, allowing investors to access critical information about the company's operations.
Key Components of the Document
The 2024 Universal Registration Document consists of several important sections that contribute to a better understanding of Vranken-Pommery Monopole's performance:
Annual Financial Report
This report includes consolidated financial statements that showcase the overall financial performance of the Group. It details both the parent company and consolidated accounts alongside the management report, which provides insights into operations, challenges faced, and future strategies. Additionally, the report includes the Statutory Auditors' reports, ensuring that the company's financial information has been thoroughly audited for accuracy.
Governance and Compliance
Another critical aspect is the Statutory Auditors' special report, which focuses on related-party agreements and commitments. This report reinforces trust in the company's corporate governance by highlighting the ethical and regulatory standards maintained by the Board of Directors. Information related to the fees paid to Statutory Auditors further enhances the transparency of the Group's financial dealings.
Information on Share Repurchase Program
Investors are also provided with necessary details regarding the company's share repurchase program. This information is essential for understanding the company's strategies concerning shareholder value and financial management. Such programs often reflect the company's confidence in its future prospects.
Accessibility and Public Availability
The Universal Registration Document is made available to the public in accordance with regulatory requirements. It can be downloaded directly from the Vranken-Pommery Monopole's official website, ensuring that stakeholders can easily access the information they need for informed decision-making. Furthermore, the document is also accessible on the AMF's website, providing multiple avenues for obtaining this vital information.
About Vranken-Pommery Monopole
Vranken-Pommery Monopole stands as one of Europe's leading wine producers and the second-largest champagne group. Managing a vast land area of approximately 2,600 hectares, the Group operates vineyards across several prime locations, including Champagne, Provence, Camargue, and Douro. The company engages in various aspects of the wine industry, from grape growing to distribution and marketing, all while passionately promoting sustainable practices and environmental stewardship.
The Group's remarkable portfolio features prestigious brands such as Vranken, Pommery & Greno, Heidsieck & Co Monopole, Charles Lafitte, as well as celebrated port wines. Their commitment to quality and innovation keeps them at the forefront of the wine industry. With movements towards sustainability and respect for local terroirs, Vranken-Pommery Monopole continues to thrive in a competitive market.
Contact Information
For further inquiries regarding the company, stakeholders can reach:
Franck Delval, Financial Control Director
Phone: +33 (0)3 26 61 62 34
Email: comfi@vrankenpommery.fr
Media Contact:
Laurent Poinsot
Phone: +33 (0)1 53 70 74 77
Email: lpoinsot@image7.fr
Claire Doligez
Phone: +33 (0)1 53 70 74 25
Email: cdoligez@image7.fr
Caroline Simon
Phone: +33 (0)1 53 70 74 65
Email: caroline.simon@image7.fr
Frequently Asked Questions
What is the purpose of the Universal Registration Document?
The document provides critical information about Vranken-Pommery Monopole's financial performance, governance practices, and regulatory compliance.
Where can I access the 2024 Universal Registration Document?
The document is available for download on the official Vranken-Pommery Monopole website and also on the AMF's website.
Who is the contact person for financial inquiries?
For financial inquiries, stakeholders should contact Franck Delval, Financial Control Director.
What brands are included in Vranken-Pommery Monopole's portfolio?
Some of the renowned brands include Vranken, Pommery & Greno, Heidsieck & Co Monopole, and Charles Lafitte.
How does Vranken-Pommery Monopole support sustainability?
The company is committed to sustainable wine-growing practices, promotion of local terroirs, and environmental conservation initiatives.
