US CONTINUES TO SHOW PROMISE FOR MOET HENNESSY

Moet Hennessy’s wines & spirits segment achieved an overall organic revenue growth of 13% in the first half, while revenue grew 31% in the US. The increase was due to volume growth with product mix improvement and to a price increase in most regions. Champagne volumes increased by 9%, driven notably by sales of rosé, while Hennessy cognac volume grew 8%. US wine and spirits sales rose 4%, excluding Belvedere, which the company lost for about two months this summer