LVMH Annual Report

Estates &Wines reinforced its wines’ reputation for excellence among consumers and opinion leaders: Terrazas de los Andes was named Argentine Wine Producer of the Year, while Newton was recognized by industry publications, receiving exceptional tasting notes. Chandon launched Aluminum Sweet Star Mini, a single- serving bottle, in the United States. Chandon Brut was named Best Australian Sparkling Wine and Baron B Brut Nature was selected as Best Argentine Sparkling Wine, crowning the excellent work of its oenologists. Hennessy maintained excellent momentum in its strategic markets (the United States and China) as well as emerging markets (Africa, the Caribbean, Russia and Eastern Europe), with all its ranges of cognac contributing to this performance in a supply-constrained environment. Organic revenue growth in 2018 came to 7%, with volumes up 3%. The Maison continued to innovate across the various quality grades in its portfolio. It also maintained a high level of investment to ensure the excellence of its eaux-de-vie and increased its production capacity at the new Pont Neuf site – an exemplary model of sustainable design – which

Hennessy

– Ever more sustainable winegrowing at Hennessy

Hennessy is a member of the DEPHY farm network which promotes crop cultivation using less plant protection products. In 2018, the Maison used the mating disruption technique across 46 hectares of land to reduce insecticide use and tested innovative approaches such as using algae-based organic fungicide. Hennessy also supports its winegrowing suppliers, with the ambitious goal of ensuring that they are all committed to a sustainable framework by 2021.

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