FRANCE: Cognac sales still ahead of Champagne for Moet Hennessy in Q3

By | 17 October 2012

Hennessy volumes are up 6% in the year-to-date

Hennessy volumes are up 6% in the year-to-date

Moet Hennessy's Cognac and spirits sales are continuing to outperform its Champagne and wine brands, the company has revealed.

Following its initial results announcement yesterday (16 October), the wines and spirits division of LVMH said that organic sales of Cognac and spirits in the three months to the end of September rose by 12% to EUR555m (US$728m). Champagne and wines sales edged up by only 6% in the same period, to EUR451m.

Previously in Q2, sales of Cognac and spirits were EUR434m, compared to Champagne and wines - EUR399m. H1 profits were up by 20% in the division overall

In the year-to-date, Cognac and spirits organic sales were up by 27% to EUR1.57bn, while Champagne and wines sales rose by 12% to EUR1.2bn, the company said.

Hennessy Cognac volumes were up 6% globally in the nine months to the end of September, helped by "strong momentum" in China, while Champagne volumes rose 4%. 

In a note issued today, analysts Nomura said that trading among spirits groups overall still looks "robust". "We remain positive on the spirits trading dynamic and see this as a relatively risk-free investment in the consumer space," it said.

Expert analysis

Brandy in Europe to 2016: Market Guide

"Brandy in Europe to 2016: Market Guide" provides in-depth detail on the trends and drivers of the Brandy market in Europe. The report includes quantitative information (historic and forecast market values), as well as data, to help companies in the Alcoholic Drinks industry better understand the changes in their environment, seize opportunities and formulate crucial business strategies.

Sectors: Company results, Spirits, Wine

Companies: LVMH

View next/previous articles

Currently reading -

FRANCE: Cognac sales still ahead of Champagne for Moet Hennessy in Q3

There are currently no comments on this article

Be the first to comment on this article

Related research

The world’s top-performing spirits brands

This is the second edition of our popular ranking of the world's leading spirits brands....


This report analyzes the worldwide markets for Wine in Million Litres. It includes all wine categories, still, (red, white and rose), sparkling, fortified, vermouth, non-grape wine, wine coolers and ice wine. The report provides separate comprehensiv...

Related articles

UK: Moet Hennessy rolls out illuminated Belvedere in UK

The wine and spirits division of LVMH, Moet Hennessy, has released an illuminated bottle for its Belvedere vodka brand in the UK.

GLOBAL: Nestle Waters turns to Andy Warhol for Perrier's 150th anniversary

Nestlé Waters has lined up an Andy Warhol design for Perrier, to commemorate the water brand's 150th anniversary.

FRANCE: LVMH in high spirits as Moet Hennessy FY shines

LVMH has posted double-digit rises in both full-year sales and profits from its wine and spirits division, Moet Hennessy.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page