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Moët Hennessy down again in third quarter – results data

Olly Wehring
Last updated: 17/10/2024 at 7:00 PM
By Olly Wehring
16 October 2024
2 Min Read

The third quarter has nestled in between the company’s first and second’s sales declines for 2024.


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Three months to end of September down 7% at EUR1.39bn (US$1.51bn)Third-quarter dip follows Q1's -12% and Q2's -5% top-line performancesFor the first nine months of this year, sales fall by 8% to EUR4.19bnMoët Hennessy has booked a third consecutive quarter of negative sales.The 7% decrease in sales from the three months to the end of September represented an improvement on the 12% sales slump in the first quarter of 2024, but came in worse than Q2's 5% fall. Subsequently, the Hennessy cognac brand owner stands at -8% for the year so far. The group, part of the LVMH luxury goods cong

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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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