How to invest in Champagne: bottles, or the listed houses
A case of Champagne is wine, worth what the next buyer pays. A share in one of the 3 listed Champagne houses is part of a company, priced every trading day. This is not investment advice.
Bottles and cases
You own the wine. There is no exchange quote: it is worth what a merchant or auction pays, less their cut. Storage, insurance and provenance are yours, and a bottle pays nothing.
Shares in a listed house
A share is a claim on the company — vineyards, cellars, brands, debt — not on any bottle.
The 3 houses trade on Euronext Paris and Euronext Growth Paris in EUR.
The mechanics of placing the order: how to buy wine stocks.
The listed houses
| House | Exchange | Latest results |
|---|---|---|
| Laurent-Perrier LPE.PA | Euronext Paris EUR | Next: SFAF — Résultats semestriels 2026-2027, 2026-11-27 (calendar) |
| Maison Pommery & Associés POMRY.PA | Euronext Paris EUR | H1 ended 30 June 2026. Revenue of €96.2m for the six months, against €109.3m in the prior reported period. The issuer's own comparable-growth figure is measured on a different scope — it excludes Heidsieck and interprofessional sales — so the two are not the same measure and are not netted together here. Issuer release, 2026-09-07 · Monitor |
| Lanson-BCC ALLAN.PA | Euronext Growth Paris EUR | H1 ended 30 June 2026. Revenue of €99.1m, with the issuer stating growth of 7.7 per cent year on year. First Heidsieck shipments and half-year seasonality both sit inside that figure. It is recorded as the issuer states it and is not set against another house, because the scopes differ. Issuer release, 2026-09-09 · Monitor |
Prices and index weights: Champagne stocks.
Champagne inside larger groups
Several large Champagne brands belong to diversified groups. LVMH (MC.PA) is one; from its filing: Champagne and wines are €3,087m of €80,807m. The whole Wines and Spirits division is 6.6%. Wine is 3.82% of its revenue, so a share in it is mostly exposure to its other businesses.
The index rule is more than 50% of revenue from selling wine. Groups below it are on the coverage page.