Moët Hennessy H1 revenue dips as Cognac suffers – results data

H1 sales down 3% to EUR3.18bn [US$3.52bn], thanks to 8% decline in Q2 Cognac & Spirits suffers double-digit slump thanks to falls in US Company hails “good performance” from Champagne & Wines A solid performance from Moët Hennessy’s Champagne brands failed to offset a slump in Cognac sales during the company’s first half, resulting in revenues sliding -3% to EUR3.18bn [US$3.52bn]. LVMH’s wine and spirits business was the only one of the company’s divisions not to record double-digit sales growth in the first six months of 2023, thanks to a lacklustre secon