Harvest Update
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Chapel Down Group Plc
('CDG' or 'the Company')
EPIC: CDGP
2025 Harvest Update
Chapel Down's Board is pleased to announce the completion of a strong 2025 harvest with good yields and exceptional grape quality.
Chapel Down has 1,018 acres of vineyards of which 777 are fully productive, an increase of +30% productive vineyards since 2022. This year's yield is expected to be 2,882 tonnes (2024: 1,852 tonnes), at an average yield of 3.7 tonnes per acre (2024: 2.5 tonnes per acre), which is +15% higher than the historic 5-year average yield per tonne.
The warm and consistent summer of 2025 created optimal conditions for fruit development, resulting in grapes with a good balance of ripe fruit flavours for complexity and texture with the natural acidity that will add a fresh, crisp backbone to our wines. As more of our vineyard estate becomes fully productive, Chapel Down is able to create a higher mix of Traditional Method sparkling (TMS) wines which are the Company's core strategic focus. This vintage is expected to enable a higher mix of TMS than in any of the previous five harvests.
The Board remains confident in underlying trading conditions and therefore achieving market expectations for 2025 FY. Finalisation of the (non-cash) Fair Value Adjustment to Biological Produce calculation will be progressed over the coming weeks.
Josh Donahay-Spire, head winemaker, commented: "2025 has been one of those rare years that winemakers dream of. Excellent growing conditions throughout the season combined with a relatively settled weather pattern during the harvest itself has resulted in good yields and exceptional fruit quality. The wines we will make from the 2025 vintage will help Chapel Down to continue to change the way the world thinks about English wines."
James Pennefather, CEO, added: "It is clear that 2025 will be seen as one of England's great vintages for Chapel Down, and is testament to the quality of the vineyards we have planted and the relentless attention to detail from our viticulture teams. I would like to thank all the members of our viticulture and winery team who have worked tirelessly to deliver such good quality and yield. This harvest was the second highest yield ever for Chapel Down and takes us one step closer to achieving our ambition of winning an equivalent 1% share of the global Champagne market by 2035."
We are also delighted to share our Harvest Report which provides more detailed information about the vintage and growing conditions for 2025 harvest. You can find the report here:
https://chapeldown.com/pages/results-centre
Contacts
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Chapel Down Group plc James Pennefather Louan Mouton |
Chief Executive Officer Chief Financial Officer |
01580 763 033 |
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Singer Capital Markets Shaun Dobson
Tom Salvesen Alex Bond James Todd |
Nominated Adviser and Broker
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020 7496 3000 |
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H/Advisors Maitland Sam Cartwright Jonathan Cook |
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020 7379 5151 |
About Chapel Down:
Chapel Down (AIM: CDGP) is England's leading and largest winemaker and the power brand of English wine, the world's newest international wine region. From its home in Kent in the heart of the Garden of England, Chapel Down produces a range of sparkling and still wines which consistently win prestigious international awards for their quality. Chapel Down has over 1,000 acres of vineyards, c.9% of the UK's total, of which 777 acres are fully productive.
Chapel Down's status as the most recognised English wine brand is supported by its partnerships with flagship sporting and cultural events including Ascot, The Boat Race and Pub in the Park, and Chapel Down is the 'Official Sparkling Wine' of the England and Wales Cricket Board.
Chapel Down is listed on the London Stock Exchange's AIM and has over 10,000 retail investors who enjoy discounts on Chapel Down's wines, tours and tastings at the brand's home at Tenterden in Kent, which each year attracts c.50,000 visitors.
Chapel Down is strongly committed to growing its business in balance with the environment and sustainability is a strong, ongoing focus. The company is a founding member of Sustainable Wines of Great Britain and practices sustainable viticulture.
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