LVMH Results Presentation Deck
Wines & Spirits - Excellent performance for Champagne brands;
Hennessy kept growing in Q3 thanks to firm price policy
EN MILLOW
Champagne
Dom Sign
Woo
CAR
Champagne & Wines
Sustained growth in Q3
REVENUE
CHAMPAGNE
& WINES
+ 32%
vs 9M 2021
- Continued strong demand in the US, Japan and Europe, led by tourism recovery
- Firm price increase policy
Structure impact of Armand de Brignac, consolidated since May 2021
- Continued international development of Château d'Esclans
- Completed acquisition of Joseph Phelps Vineyards in Napa Valley, California
10 Q3 2022 revenue Wines & Spirits
XO
Hennessy
REVENUE
COGNAC
& SPIRITS
+ 16%
vs 9M 2021
Cognac & Spirits
Value creation strategy drove cognac growth; China impacted
by health restrictions
- Hennessy performance impacted by health restrictions in China and
logistical disruptions in the US, offset by positive price effect
Roll out of Hennessy x NBA partnership in all markets
- Strong momentum of Glenmorangie and Ardbeg
- Excellent performance of Belvedere vodka
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