LVMH Results Presentation Deck
Wines & Spirits - Good first half for Champagne; United States performance
partially offset by Hennessy's rebound in China
8
1729
Ruinart C
LESPIEVA BAN
BUJANG DALAM
TENCEN PELLOLLAN
COMATIZEN
REVENUE
CHAMPAGNE
& WINES
+ 8%
Organic
Champagne & Wines
Good performance driven by value strategy
Growth in Europe and Japan
- Firm price increase policy
- New collaboration between Dom Pérignon and Lady Gaga
3rd edition of Veuve Clicquot's Solaire Culture exhibition in London
– Ruinart's new Blanc Singulier cuvée, a unique blend reflecting the variations of
climate and singularity of wines in one year.
Continued international development of Château d'Esclans, acquisition of
Château Minuty, one of the world leaders in Provence-based rosé
| First half 2023 results - Wines & Spirits
Hennessy
PARADIS
REVENUE
COGNAC
& SPIRITS
- 11 %
Organic
Cognac & Spirits
Weak demand in the United States, recovery in China
- United States impacted by economic environment and distributors' high levels
of inventories at beginning of year
Start of year impacted by Covid, followed by gradual recovery in China
Roll-out of Hennessy x NBA partnership in all markets
- Acceleration of decarbonization efforts through use of renewable energy at all
locations
Continued innovation of Belvedere vodka and Glenmorangie whisky
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