**Chapel Down Group PLC Unaudited Trading Statement for FY25 (Ended 31 December 2025)**
**Summary**
Chapel Down Group PLC, Englands leading winemaker, reported strong financial and operational performance for FY25, exceeding market expectations. Key highlights include
1. **Financial Performance**
**Net Sales Revenue (NSR)** ยฃ19.4m, up 19% YoY, slightly ahead of guidance, driven by 22% growth in wine-related sales.
**Adjusted EBITDA** Expected range of ยฃ4.0m - ยฃ4.5m, ahead of market expectations (ยฃ3.5m), due to improved profitability and higher Fair Value adjustment to Biological Produce from an <mark style="background-color:yellow">above</mark>-average harvest yield.
**Channel Growth** Strong performance across Off-trade (+38%), International (+49%), On-trade (+5%), and Ecommerce (+3%). International growth was boosted by a new US distribution agreement with Jackson Family Wines.
**Net Debt** Increased to ยฃ12.4m (FY24: ยฃ9.2m) due to investments in new vineyards and maturing stock, supporting future growth.
2. **Operational Highlights**
Dispatched over 1 million bottles of Traditional Method Sparkling (TMS) wines for the first time, aligning with the goal to capture 1% of the global Champagne market by 2035.
Extended market leadership with 36% share of the UK off-trade (FY24: 35%) and 16% Retail Sales Value growth, outpacing the English Sparkling Wine category (+12%).
2025 harvest yielded high-quality grapes, supporting future production and profitability.
3. **Brand and Strategy**
Brand awareness increased to 49% (FY2442%), reinforcing Chapel Down as the leading English wine brand.
Premiumisation strategy advanced, with TMS wines accounting for 74% of wine-related NSR (FY24: 70%).
4. **Outlook**
Strong momentum expected to continue into FY26, with increased marketing investment to drive brand value and market share.
Focus on sustainable growthdisciplined capital managementand strategic expansion.
**CEO Comment**
James Pennefather highlighted exceptional topline growth, brand leadership, and progress toward medium-term profitable growth. He noted a generational shift toward English Sparkling Wine, particularly among Millennials, and emphasized increased marketing investment in FY26 to capitalize on this trend.
**About Chapel Down**
Chapel Down is Englands largest winemaker, with over 1,000 acres of vineyards, producing award-winning sparkling and still wines. Listed on AIM, the company is committed to sustainability and has partnerships with major sporting and cultural events.
**Contacts**
Key contacts include Chapel Downs CEO and CFO, as well as representatives from Singer Capital Markets (Nominated Adviser and Broker) and H/Advisors Maitland (PR).
**Disclaimer**
The announcement contains inside information under UK MAR, and RNS terms and conditions apply.
Below is the HTML table code comparing the financials and debt year on year for Chapel Down Group PLC: < lang="en">
> ### Key Highlights:
1. **Net Sales Revenue**: Increased by **19%** to **ยฃ19.4m** in FY25 from ยฃ16.35m in FY24.
2. **Net Debt**: Rose by **35%** to **ยฃ12.4m** in FY25 from ยฃ9.2m in FY24, primarily due to cultivation costs and increased maturing stock levels.
3. **Adjusted EBITDA**: Expected to be in the range of **ยฃ4.0m - ยฃ4.5m**, ahead of the previous expectation of ยฃ3.5m. This table provides a clear comparison of key financial metrics and debt levels between FY25 and FY24 for Chapel Down Group PLC.