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Champagne firm owner loses £25m
South Wales Evening Post
|September 25, 2025
UK REVENUES at the proprietor of champagne marque Moet & Chandon tumbled by £25m during its most recent financial year amid "difficult trading conditions", it has been disclosed.
Moet Hennessy UK has recorded a turnover of £267.1m for 2024, declining from the £292.7m it secured in 2023.
The enterprise attributed its revenue drop to being "in line with the overall decline in the industry, predominantly driven by the reduction in high-value champagne and spirits category."
Fresh accounts lodged with Companies House also reveal its pretax profit fell from £23m to £16.1m over the same timeframe.
Alongside Moet & Chandon, Moet Hennessy's portfolio encompasses Dom Perignon, Ardbeg, Veuve Clicquot, Frug and Ruinart.
The firm forms part of the broader LVMH (Louis Vuitton Moet Hennessy) conglomerate based in Paris.
Denne historien er fra September 25, 2025-utgaven av South Wales Evening Post.
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