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Velocity of sales decline accelerates in Q3 for Moët Hennessy – results data

Olly Wehring
Last updated: 13/11/2023 at 12:00 AM
By Olly Wehring
13 November 2023
0 Min Read

The second quarter’s sales decrease appears to have merely set the 2023 scene for Moët Hennessy, with Q3’s top line tumbling by double digits.


Close-up of a bottle of Hennessy cognac
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Three months to end of September see sales slide 14% to EUR1.51bn [US$1.6bn] H1's -3% top-line showing worsens, resulting in nine-month sales down 7% - EUR4.69bn The second quarter's sales decrease appears to have merely set the 2023 scene for Moët Hennessy, with Q3's top line tumbling by double digits. Having posted a slight lift in sales at the start of this year, the Hennessy brand owner has delivered two consecutive quarterly falls, with the three months to the end of September slidng by 14%. Subsequently, year-to-date sales are down 7% on the corresponding period in 20

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

TAGGED:Moët Hennessy
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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