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Winemaker Chapel Down shares climb after ‘strong’ harvest report

ALN

Chapel Down Group PLC said Thursday it achieved a 2025 harvest ‘with good yields and exceptional grape quality’ due to England’s warm summer weather.

Shares in Chapel Down rose 9.7% to 38.40 on Thursday afternoon in London.

The Kent, England-based still and sparkling winemaker expects this year’s yield to increase 56% to 2,882 tonnes from 1,852 tonnes the year before.

Chapel Down said the warm and consistent summer created ‘optimal’ conditions for fruit development.

Josh Donahay-Spire, head winemaker, said: ‘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.’

Chapel Down said it is ‘confident’ in meeting market expectations for financial 2025.

Chief Executive James Pennefather said: ‘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.’

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