Moët Hennessy up in Q4 but full-year sales end in the red – results data

Sales in final quarter of 2023 increase by 4% to EUR1.91bn (US$2.08bn)  Twelve-month sales finish down 4% at EUR6.60bn'Cognac & spirits' declines 10%, 'champagne & wines' rises 2% in full year Moët Hennessy has closed the year with a lift in quarterly sales, although slides earlier in 2024 pulled the group downwards for the full 12 months. For the three months to the end of December, the Hennessy and Dom Pérignon brand owner's top line came in up 4% on the corresponding period a year earlier. Despite the rise, however, marked declines in both the second (-8%) and third (-14%) qu