Rémy Cointreau: revenue creeps up in Q1
(CercleFinance.com) - Rémy Cointreau's revenue went up to E241.
5 million over the 1st quarter of the 2018-2019 financial year, or 0.5% in published growth.
The House of Rémy Martin confirms its dynamic for the 1st quarter (+11.1% in organic sales growth), thanks to still favourable trends in Greater China as well as sustained growth in Singapore, Australia and Japan.
The Liqueurs and Spirits division renewed its growth (+2.8%) in the 1st quarter, driven by the Houses of Cointreau and Metaxa as well as single-malt whiskies and The Botanist Gin.
Rémy Cointreau confirms its guidance of growth in Current Operating Profit for the 2018-19 financial year, at constant exchange rates and consolidation scope.
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