English winemaker Chapel Down has raised its profit forecast after experiencing strong sales and a high-quality harvest. Based in Kent, the company reported a 19% increase in net sales, reaching £9.4 million for the half-year ending June 30, compared to the same period last year. This growth was fueled by increased sales in both the retail and hospitality sectors, with international sales surging 66%, largely due to expanding presence in the U.S. market. Shares in Chapel Down climbed 5.4% to 48.5p in early trading on Wednesday. The company’s chief executive, James Pennefather, noted that the rise in sales has been supported by millennial consumers who are increasingly choosing to enjoy sparkling wine during casual events, such as birthdays. Additionally, the company has seen growth from venues offering its wines by the glass, along with new partnerships with operators like The Gordon Ramsay Group and Handpicked Hotels. Chapel Down reported a "continued strong performance" in the third quarter of the year and expressed confidence in its trading plans for the final three months. As a result, the company now expects adjusted earnings to be "materially ahead of market expectations." Furthermore, net debt is projected to be lower than anticipated, thanks to lower-than-expected capital spending. Looking ahead, Chapel Down is optimistic about its 2026 vintage, which it describes as "high quality." The company has already completed more than half of its grape harvest for the year. Pennefather noted that England is entering a multi-decade period of favorable temperatures for vine growth, with the plants remaining healthy despite minimal rainfall. This suggests a positive outlook for future wine production and continued success in the market.