{"id":47017,"date":"2026-07-29T10:28:00","date_gmt":"2026-07-29T08:28:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b6218f2051767762574bf879e9a90ad1"},"modified":"2026-07-29T10:28:00","modified_gmt":"2026-07-29T08:28:00","slug":"remy-cointreau-first-quarter-2026-27","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=47017","title":{"rendered":"R\u00e9my Cointreau: First Quarter 2026-27"},"content":{"rendered":"<p class=\"bwalignc\">\n<b>A start to the year in line with expected full-year trajectory\n<br\/><\/b><b>Sales up +1.3% on an organic basis<sup>1\n<br\/><\/sup><\/b><b>2026-27 objectives confirmed<\/b><\/p><ul class=\"bwlistcircle\">\n<li>\n<b>Cognac:<\/b> <b>+7.7% on an organic basis<\/b>\n<ul class=\"bwlistdisc\">\n<li>\nLimited decline in the <b>Americas<\/b>, reflecting destocking in Canada and a high comparison base in Latin America; solid growth in the United States<\/li>\n<li>\nStrong growth in <b>APAC<sup>1<\/sup>, <\/b>driven by solid momentum across the Rest of Asia<sup>2<\/sup> and sales in China in line with expectations despite a still challenging market<\/li>\n<\/ul><\/li>\n<li>\n<b>Liqueurs &amp; Spirits:<\/b> <b>-6.6% on an organic basis<\/b>\n<ul class=\"bwlistdisc\">\n<li>\nSlight decline in the <b>Americas<\/b>, reflecting an unfavourable phasing effect following the strong rebound in shipments in the previous quarter<\/li>\n<li>\nMixed performance in <b>EMEA<sup>3<\/sup><\/b><\/li>\n<\/ul><\/li>\n<\/ul><ul class=\"bwlistcircle\">\n<li>\n<b>2026-27 objectives confirmed<\/b><\/li>\n<\/ul><p>PARIS--(BUSINESS WIRE)--Regulatory News:<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260728619222\/en\/549676\/5\/REMY_COINTREAU_FR_RVB.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260728619222\/en\/549676\/5\/REMY_COINTREAU_FR_RVB.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260728619222\/en\/549676\/5\/REMY_COINTREAU_FR_RVB.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260728619222\/en\/549676\/21\/REMY_COINTREAU_FR_RVB.jpg\" \/><\/a><p>\nR\u00e9my Cointreau (Paris:RCO) generated <b>first-quarter 2026-27 sales of \u20ac223.2 million, up +1.3% organically. <\/b>On a reported basis, sales increased by +1.1%, including a slight negative currency effect of -0.2%, mainly linked to trends in the US dollar, partly offset by that of the renminbi.<\/p><p>\nSales in the <b>Americas <\/b>recorded a limited decline, reflecting continued destocking in Canada and a high comparison base in Latin America, while the United States demonstrated solid performance. <b>APAC <\/b>sales posted strong growth, supported by good momentum across the Rest of Asia, while sales in China recorded a limited decline, in line with expectations. Lastly, sales in <b>EMEA<\/b> declined, amid sustained competitive pressure and a moderate consumer demand.<\/p><p>\n<b>Breakdown of sales by division<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwsinglebottom bwwidth20 bwtopsingle\" colspan=\"1\" rowspan=\"2\"><p class=\"bwalignc bwcellpmargin\">\n<i>In \u20acm<\/i><\/p><p class=\"bwalignc bwcellpmargin\">\n<i>(April-June 2026)<\/i><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwsinglebottom bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm bwtopsingle\" colspan=\"1\" rowspan=\"2\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q1 2026-27<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwsinglebottom bwwidth20 bwalignc bwvertalignm bwtopsingle\" colspan=\"1\" rowspan=\"2\"><p class=\"bwalignc bwcellpmargin\">\n<b>Q1 2025-26<\/b><\/p><\/td><td class=\"bwpadl0 bwsinglebottom bwrightsingle bwwidth20 bwalignc bwvertalignm bwtopsingle\" colspan=\"1\" rowspan=\"2\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>Change<\/i><\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b><i>as reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth20 bwalignc bwvertalignm bwtopsingle\" colspan=\"1\" rowspan=\"2\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>Organic<\/i><\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b><i>change<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCognac<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n141.9<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n131.3<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+8.1%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+7.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLiqueurs &amp; Spirits<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n79.6<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n86.2<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-7.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-6.6%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Subtotal: Group Brands<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>221.5<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>217.5<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.8%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+2.0%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nPartner Brands<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1.7<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3.3<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-48.4%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-47.9%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwrowaltcolor1 bwwidth19 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>223.2<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>220.8<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.1%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth20 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.3%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<\/table><p>\n<b>Cognac<\/b><\/p><p>\n<b>C<\/b><b>ognac division sales increased by +7.7%<\/b> organically in the first quarter.<\/p><p>\nThis performance was primarily driven by strong growth in <b>APAC<\/b>, particularly across the Rest of Asia. In China, sales recorded a limited decline as expected, despite a market environment that remained challenging. The Group once again demonstrated the strength of its execution during the 6.18 e-commerce festival, delivering sales growth of more than +12%.<\/p><p>\nIn the <b>Americas,<\/b> sales edged down, affected by continued destocking in Canada and a high comparison base in Latin America. By contrast, the United States remained resilient, with solid sales growth supported by a further sequential improvement in depletions<i><b><sup>5<\/sup><\/b><\/i>.<\/p><p>\nLastly, <b>EMEA<\/b> delivered strong growth, fuelled by excellent momentum in South Africa and solid commercial execution in the United Kingdom.<\/p><p>\n<b>Liqueurs &amp; Spirits<\/b><\/p><p>\nLiqueurs &amp; Spirits division sales declined by -6.6% organically in the first quarter.<\/p><p>\nIn the <b>Americas<\/b>, and particularly in the United States, sales were down, mainly due to an unfavourable phasing effect following the strong rebound in shipments in the previous quarter. Underlying trends nevertheless remained solid, with the division\u2019s key brands (<i>Cointreau, The Botanist, Bruichladdich, Mount Gay<\/i>) delivering positive depletion growth over the quarter.<\/p><p>\nIn <b>EMEA<\/b>, sales performance was mixed and continued to be affected by intense promotional activity and still moderate consumer demand.<\/p><p>\nLastly, sales in <b>APAC <\/b>declined, mainly reflecting China, while the Rest of Asia continued to benefit from strong momentum for <i>Bruichladdich.<\/i><\/p><p>\n<b>Partner Brands<\/b><\/p><p>\n<b>Partner Brands<\/b> sales declined by -47.9% organically in the first quarter. This mainly reflects the discontinuation of distribution of partner brands in the Benelux from April on.<\/p><p>\n<b>2026-27 objectives confirmed<\/b><\/p><p>\nIn 2026-27, R\u00e9my Cointreau anticipates a return to sustainable organic sales growth, with momentum expected to strengthen progressively over the year.<\/p><p>\nThe Group also anticipates a slight organic improvement in Current Operating Margin. This projection is based on Current Operating Profit integrating an estimated \u20ac20 million<sup>6<\/sup> in customs duties, compared with around \u20ac15 million in 2025-26.<\/p><p>\nFinally, R\u00e9my Cointreau aims to maintain its leverage (net debt\/EBITDA) below 3.5x at March 31, 2027.<\/p><p>\nIn a particularly volatile environment and based on estimates to date, the Group expects a negative full-year currency effect of:<\/p><ul class=\"bwlistdisc\">\n<li>\nAround -\u20ac15 million on sales (vs. -\u20ac15 million \/-\u20ac20 million previously)<\/li>\n<li>\nBetween -\u20ac5 million and -\u20ac8 million on Current Operating Profit<\/li>\n<\/ul><p>\nA conference call with investors and analysts will be held today by Deputy CEO &amp; CFO Luca Marotta, from 9:00 am (Paris time). Related slides will also be available on the website (<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.remy-cointreau.com&amp;esheet=54578583&amp;newsitemid=20260728619222&amp;lan=en-US&amp;anchor=www.remy-cointreau.com&amp;index=1&amp;md5=3b92f6c3cecb4aef7d2d0fbd80df6cbb\" rel=\"nofollow\" shape=\"rect\">www.remy-cointreau.com<\/a>) in the Finance section.<\/p><p class=\"bwalignc\">\n<b>Appendices<\/b><\/p><p>\n<b><i>Q1 2026-27 sales (April-June 2026)<\/i><\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignl bwcellpmargin\">\n<b><i>\u20acm<\/i><\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Reported<\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b>26-27<\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Forex<\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b>26-27<\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Scope 26-27<\/b><\/p><\/td><td class=\"bwtopsingle bwrightsingle bwpadl0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Organic<\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b>26-27<\/b><\/p><\/td><td class=\"bwtopsingle bwrightsingle bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Reported<\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b>25-26<\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Reported change<\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Organic<\/b><\/p><p class=\"bwalignc bwcellpmargin\">\n<b>change<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>A<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>B<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>C<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>A\/C-1<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>B\/C-1<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nCognac<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n141.9<\/p><\/td><td class=\"bwpadl0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n+0.5<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n141.4<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n131.3<\/p><\/td><td class=\"bwpadl0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+8.1%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<i>+7.7%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nLiqueurs &amp; Spirits<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n79.6<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-1.0<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n80.5<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n86.2<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-7.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-6.6%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Subtotal: Group Brands<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>221.5<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>-0.4<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>-<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>221.9<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>217.5<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.8%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+2.0%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nPartner Brands<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1.7<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n-<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n1.7<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n3.3<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-48.4%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<i>-47.9%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Total<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>223.2<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>-0.4<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth10 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>-<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwwidth11 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>223.6<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>220.8<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth13 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.1%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth12 bwalignc bwvertalignm\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b><i>+1.3%<\/i><\/b><\/p><\/td><\/tr>\n<\/table><p class=\"bwalignc\">\n<i>Regulated information in connection with this press release can be found at <\/i><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.remy-cointreau.com&amp;esheet=54578583&amp;newsitemid=20260728619222&amp;lan=en-US&amp;anchor=www.remy-cointreau.com&amp;index=2&amp;md5=2185159bf316835f4d0ceac3304755c7\" rel=\"nofollow\" shape=\"rect\"><i>www.remy-cointreau.com<\/i><\/a><\/p><p class=\"bwalignc\">\n<b>Definitions of alternative performance indicators<\/b><\/p><p>\nR\u00e9my Cointreau\u2019s management process is based on the following alternative performance indicators, selected for planning and reporting purposes. The Group\u2019s management considers that these indicators provide users of the financial statements with useful additional information to help them understand its performance. These indicators should be considered as supplementing those including in the consolidated financial statements and resulting movements.<\/p><p>\n<b><i>Organic sales growth:<\/i><\/b><\/p><p>\nOrganic growth excludes the impact of exchange rate fluctuations, acquisitions and disposals.<\/p><p>\nThe impact of exchange rate fluctuations is calculated by converting sales for the current financial year using average exchange rates from the prior financial year.<\/p><p>\nFor current-year acquisitions, sales of acquired entities are not included in organic growth calculations. For prior-year acquisitions, sales of acquired entities are included in the previous financial year but are only included in current-year organic growth with effect from the actual date of acquisition.<\/p><p>\nFor significant disposals, data is post-application of IFRS 5 (which reclassifies entities disposed of under \u201cNet earnings from discontinued operations\u201d for the current and prior financial year). It thus focuses on Group performance common to both financial years, over which local management has more direct influence.<\/p><p class=\"bwalignc\">\n<b>Forward-looking statements<\/b><\/p><p>\n<i>Certain information included in this press release are not historical facts but are forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which R\u00e9my Cointreau operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include those discussed or identified in R\u00e9my Cointreau\u2019s Universal Registration Document, filed with the French Financial Markets Authority (AMF), which is available on the website of R\u00e9my Cointreau (<\/i><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furl.uk.m.mimecastprotect.com%2Fs%2FU54QCmOjOcqZnM3tOhDcRNgpL%3Fdomain%3Dremy-cointreau.com&amp;esheet=54578583&amp;newsitemid=20260728619222&amp;lan=en-US&amp;anchor=www.remy-cointreau.com&amp;index=3&amp;md5=dcde33e40d6c62d928a0f8364475d65b\" rel=\"nofollow\" shape=\"rect\"><i>www.remy-cointreau.com<\/i><\/a><i>) and of the AMF (<\/i><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furl.uk.m.mimecastprotect.com%2Fs%2FmfywCoVlVsmMzwRC6sLcpEPqC%3Fdomain%3Damf-france.org&amp;esheet=54578583&amp;newsitemid=20260728619222&amp;lan=en-US&amp;anchor=www.amf-france.org&amp;index=4&amp;md5=6ff3f9f82ad04ed92847b9eaf5ba392d\" rel=\"nofollow\" shape=\"rect\"><i>www.amf-france.org<\/i><\/a><i>). Forward-looking statements speak only as of the date of this press release and are for illustrative purposes only. This press release includes only summary information and does not purport to be comprehensive. No reliance should be placed on the accuracy or completeness of the information or opinions contained in this press release.<\/i><\/p><p>\n<i>This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction.<\/i><\/p><p>\n<b>About R\u00e9my Cointreau<\/b><\/p><p>\nAll around the world, there are clients seeking exceptional experiences; clients for whom a wide range of terroirs means a variety of flavors. Their exacting standards are proportional to our expertise \u2013 the finely-honed skills that we pass down from generation to generation. The time these clients devote to drinking our products is a tribute to all those who have worked to develop them. It is for these men and women that R\u00e9my Cointreau, a family-owned French group, protects its terroirs, cultivates exceptional multi-centenary spirits and undertakes to preserve their eternal modernity. The Group\u2019s portfolio includes 14 singular brands, such as the R\u00e9my Martin and LOUIS XIII cognacs, and Cointreau liqueur. R\u00e9my Cointreau has a single ambition: becoming the world leader in exceptional spirits. To this end, it relies on the commitment and creativity of its 1,783 employees and on its distribution subsidiaries established in the Group\u2019s strategic markets. R\u00e9my Cointreau is listed on Euronext Paris.<\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><sup>1<\/sup> All references to \u201con an organic basis\u201d in this press release refer to sales performance at constant exchange rates and scope of consolidation<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><sup>2<\/sup> Asia-Pacific<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><sup>3<\/sup> Asia Pacific excluding China<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><sup>4<\/sup> Europe, Middle East and Africa<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><i><sup>5<\/sup> Wholesaler shipments to retailers (in %)<\/i><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0\" colspan=\"1\" rowspan=\"1\"><sup>6<\/sup> The COP forecast includes customs duties of \u20ac20 million (of which \u20ac15 million in the United States and \u20ac5 million in China). These estimates are based on the following assumptions:<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignm bwpadl0\" colspan=\"1\" rowspan=\"1\"><ul class=\"bwlistdisc\">\n<li>\n<i>A minimum import price in China as defined in the agreement signed with MOFCOM<\/i><\/li>\n<\/ul>\n<ul class=\"bwlistdisc\">\n<li>\n<i>Customs duties on US imports set at 15% for the European Union, and at 10% for the United Kingdom and Barbados<\/i><\/li>\n<\/ul>\n<\/td><\/tr>\n<\/table><p>\n\u00a0<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Investor relations:<\/b> C\u00e9lia d\u2019Everlange \/ <a  href=\"mailto:investor-relations@remy-cointreau.com\" rel=\"nofollow\" shape=\"rect\">investor-relations@remy-cointreau.com<\/a><br\/><b>Media relations:<\/b> M\u00e9lissa L\u00e9vine \/ <a  href=\"mailto:press@remy-cointreau.com\" rel=\"nofollow\" shape=\"rect\">press@remy-cointreau.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A start to the year in line with expected full-year trajectory<br \/>\nSales up +1.3% on an organic basis1<br \/>\n2026-27 objectives confirmed<\/p>\n<p>Cognac: +7.7% on an organic basis<\/p>\n<p>Limited decline in the Americas, reflecting destocking in Canada and a high comparison&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-47017","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/47017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47017"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/47017\/revisions"}],"predecessor-version":[{"id":47018,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/47017\/revisions\/47018"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}