- Sales from three months to the end of June rise by 5% to EUR1.32bn (US$1.5bn), mirroring Q1 performance
- H1 revenues also up 5%, to EUR2.6bn
- Company hails good progress for prestige cuvée Champagne, Hennessy in China and Provence rosé
Moët Hennessy has maintained its early momentum in 2026, recording a second successive 5% revenue rise for the three months to the end of June.
The results – released yesterday, 27 July – mark the first time Moët Hennessy has recorded two successive quarters of revenue growth since late 2023. Sales were boosted by what Bernard Arnault, chairman and CEO of parent company LVMH, described as a “recovery in champagne and cognac”.
The group’s champagne & wines reporting division saw revenues rise by 1.9% on a reported basis to EUR1.42bn in the first half of the year, while cognac & spirits declined by 1.4% to EUR1.17bn.
Volumes increased across the company’s champagne, cognac, other spirits and still/sparkling wines brands in the six-month period, with champagne up 2.4% to 25.8m bottles and cognac rising 3.5% to 38.4m bottles.
In its customarily brief results commentary – the wine & spirits brand owner’s results are reported with LVMH’s group figures – Moët Hennessy noted “signs of recovery” in most markets, highlighting the performances of cognac in China and champagne in Europe, particularly prestige cuvées.
Moët Hennessy highlighted a number of brand initiatives during the period, including continued multi-brand Formula 1 activations and “promising” early results for the Chandon Spritz Collection, a range of ready-to-serve (RTS) spritzes.
Hennessy was boosted by the continued success of limited editions launched for the Chinese New Year holiday period in the first quarter, with the company also highlighting the recent launch of Hennessy VS RTS cocktails in the US.
“In addition to rigorous cost control, brand appeal and innovation remained the business group’s core strategic priorities,” the group said, adding that the company was approaching the rest of the year “with
determination and pragmatism”.
