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Rémy Cointreau: FY 2021-22 sales growth of +29.4%

( - Rémy Cointreau has published its annual results today.

Sales reached 1,312.9 million euros, up 27.3% in organic terms, including a 9.2% increase in the price-mix effect and an exceptional 18.2% increase in volumes. The group thus generated organic growth of +29.4% compared to 2019-2020.

Sales increased 30% as reported.

All regions contributed to this sound performance. The Americas region generated +30% growth, or +54.2% compared to 2019-2020.

On the strength of these figures, Rémy Cointreau reiterates its forecast of very strong organic growth in underlying operating profit.

Investors have clearly cheered the news, with the share up about 2.5% in the first hour of trading today.

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