Rémy Cointreau: quarterly sales down by more than 15

(CercleFinance.com) - Rémy Cointreau has announced sales of 217 million euros for the first quarter of 2024-25, down 15.
6% in organic terms, under the weight of a sharp drop in sales in the Americas, still penalized by destocking effects.

The wine and spirits group also reported a slight decline in APAC, reflecting in particular a high basis of comparison and a complex context in China, as well as contrasting performances in the EMEA region, with half-hearted consumption.

Despite the sharp drop in its results for 2023-24, Rémy Cointreau has maintained its advance on its 10-year strategic plan, and confirms its objectives for 2024-25, which it sees as 'a year of transition'.

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