Rémy Cointreau: 9m sales up 20%

(CercleFinance.com) - Rémy Cointreau has unveiled 9m 2022-23 revenues of just over 1.
3 billion euros, up 20.2% as reported and up 10.1% on an organic basis (+50.3% compared to 2019-20).

In a context marked by cognac consumption getting back to normal in the US and a high comparison basis after two years of exceptional growth, as expected, Q3 sales fell 6% on an organic basis, .

Rémy Cointreau confirms its target of generating another year of strong organic growth in 2022-23, and expects an organic improvement in its underlying operating margin, mainly in H1.


Copyright (c) 2023 CercleFinance.com. All rights reserved.