Laurent Perrier Sees Difficult 2012 for Champagne Orders

Laurent Perrier SA, the maker of Grand Siecle champagne, said orders may deteriorate in 2012 as shipments of the sparkling wine slow in the last two months of this year, Chief Financial Officer Etienne Auriau said.

Demand for Tours-Sur-Marne, France-based Laurent Perrier’s champagne “is dynamic but without doubt 2012 will be more difficult,” Auriau said in a phone interview. “Consumption is very tied to the economic situation.”