Henkell Freixenet recorded net sales of around €1.25bn in 2024 – an increase of 1.5% compared to the previous year.

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180 out of 738 jobs are set to be cut at the Cava producer.

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While sales of Spanish sparkling wine are declining, especially in exports, the revenue per unit is increasing.

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Drought conditions have led to limited product availability and a sharp decline in the German market.

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Dr. Nikolaus Hagenberg has quietly departed Henkell Freixenet, with his responsibilities being taken over by a familiar figure within the company.

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Josep Ferrer, Honorary President of Freixenet, has passed away at the age of 99. Born on October 19, 1925, he is regarded as one of the key figures who helped shape the sparkling wine company.

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While Henkell Freixenet faces tough measures in Spain to maintain supply amid drought conditions, everything is running smoothly for Mionetto. Will Prosecco become the new Cava in the Wiesbaden-based company's portfolio?

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Around two thirds of cava was exported. Germany was by far the most important market, with premium qualities remaining in a niche.

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Cava exports increased in volume and value. Retail continues to drive the category. Surprisingly, some markets experienced rapid growth.

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