Moët Hennessy approaches sales growth equilibrium in year to date – results data

Third-quarter sales rise 14% to EUR1.9bn (US$1.84bn)Year to date - to end of September - also up 14% to EUR5.23bnPrice rises boost Hennessy, strong Champagne sales squeeze supplies Moët Hennessy has seen its sales increases settle somewhat for the year so far. A topsy-turvy start to 2022, with the first quarter inching up 2% and Q2 soaring by 30%, has been followed by a more modest double-digit top-line lift from the three months to the end of September. Subsequently, sales in the first nine months of this year came in up by 14%. In the group's results commentary, the "e