Moët Hennessy, the wines and spirits division of luxury goods group LVMH, reported higher sales and profits in the first half of its fiscal year, driven by improving demand for Champagne, Cognac, rosé wines, vodka, and premium spirits. The company said organic revenue increased 5% to €2.6 billion (approximately $2.95 billion), while recurring operating profit rose 11% to €582 million (around $661 million), indicating early signs of recovery across key beverage categories.
The company’s Champagne and Wines division delivered sales of €1.42 billion, up 7% year-on-year, supported by strong demand for prestige Champagne cuvées and continued growth in the rosé wine segment. Leading rosé brands Château d’Esclans’ Whispering Angel and Château Minuty continued to perform well, particularly in the United States, where Whispering Angel sold 535,000 cases and Minuty recorded sales of 70,000 cases last year. Moët Hennessy also highlighted a promising start for its new low-alcohol Chandon Spritz range, reflecting the growing consumer preference for lighter and lower-alcohol beverage options.
In the Cognac and Spirits division, revenue increased 3% to €1.17 billion. Growth was supported by the expansion of Hennessy VS Ready-to-Serve Cocktails, along with solid performances from Belvedere Vodka and Glenmorangie Single Malt Scotch Whisky. Belvedere recently expanded the distribution of Dirty Brew, its coffee-infused vodka, while Glenmorangie launched a limited-edition whisky selected by actor Harrison Ford and master distiller Dr. Bill Lumsden. Belvedere’s U.S. sales also showed positive momentum, rising 3% to 357,000 cases during the previous year.
The strong first-half performance is being closely watched by the global beverage industry as Moët Hennessy’s portfolio spans several premium categories, including Champagne, Cognac, vodka, rosé wine, and Scotch whisky. The results suggest that consumer demand for premium and luxury alcoholic beverages is gradually stabilizing, particularly in key markets such as the United States. The company’s growth was also driven by innovation in ready-to-drink cocktails, premium labels, and low-alcohol products, areas that continue to attract investment from major international drinks companies.
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As global wine and spirits producers navigate uneven market conditions and changing consumer spending patterns, Moët Hennessy’s latest results offer encouraging signs that premium segments are recovering. Industry observers view the performance as an indication that demand for high-end alcoholic beverages is improving, although growth trends continue to vary across categories and regions.
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