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Rémy Cointreau: Very good start to the year

Retrieved on:

Tuesday, July 26, 2022

In the United States, Rmy Cointreau has continued to enjoy sustained demand for its high-end and mid-range products (Louis XIII, Rmy Martin XO and 1738 Accord Royal).

Key Points:

In the United States, Rmy Cointreau has continued to enjoy sustained demand for its high-end and mid-range products (Louis XIII, Rmy Martin XO and 1738 Accord Royal).
The performance also reflects the phasing effects of shipments, the fourth quarter of 2021-22 having been marked by the Group's decision to manage its strategic inventories.
Most regions in the EMEA zone have seen strong growth, boosted by the overperformance of high-end products such as Louis XIII and Rmy Martin XO.
The pandemic in China has had limited impact on the divisions overall performance as sales are traditionally low during this period.

Rémy Cointreau Reaches Record Highs

Retrieved on:

Friday, April 29, 2022

With annual sales in line with its expectations, Rmy Cointreau reiterates its forecasts for very strong organic growth in its Current Operating Profit.

Key Points:

With annual sales in line with its expectations, Rmy Cointreau reiterates its forecasts for very strong organic growth in its Current Operating Profit.
Rmy Cointreau significantly increased its investments in marketing and communication in the second half of the year and maintained strict management of its strategic inventories in the fourth quarter.
Consequently, Rmy Cointreau confirmed its forecast for an organic improvement in its current operating margin.
Despite a complex economic and geopolitical environment, Rmy Cointreau is entering 2022-23 with confidence.

Rémy Cointreau: Outstanding Results

Retrieved on:

Thursday, November 25, 2021

First-half sales at the Liqueurs & Spirits division were up 46.9% on an organic basis (up 46.4% on a reported basis).

Key Points:

First-half sales at the Liqueurs & Spirits division were up 46.9% on an organic basis (up 46.4% on a reported basis).
At 30 September 2021, applications had been received to convert 55.8% of the outstanding OCEANE bonds into Rmy Cointreau shares.
On the back of these stronger than expected first-half results, Rmy Cointreau is upgrading its full-year guidance and is now targeting very strong organic growth in Current Operating Profit.
Consequently, Rmy Cointreau now expects to see an organic improvement in its current operating margin.

Rémy Cointreau: First-quarter sales 2020/21

Retrieved on:

Tuesday, July 21, 2020

Retail, Food, Beverage, Wine & Spirits, Distilled drinks, Gins, Metaxa, The Botanist

Sales at the House of Rmy Martin declined significantly in the first quarter (down 39.2% on an organic basis) against the backdrop of a pandemic not conducive to celebratory events.

Key Points:

Sales at the House of Rmy Martin declined significantly in the first quarter (down 39.2% on an organic basis) against the backdrop of a pandemic not conducive to celebratory events.
Lastly, duty-free sales were hit hard by the slump in global air traffic.
Sales of Metaxa, St-Rmy brandy, The Botanist gin and Whisky all declined, mainly due to the drop in duty-free sales, which account for a significant proportion of these brands business.
In a still uncertain public health, economic and geopolitical environment, the Rmy Cointreau Group remains confident of its ability to emerge stronger from the crisis.

Rémy Cointreau: 2019/20 Full-Year Sales (April 2019 – March 2020)

Retrieved on:

Wednesday, April 29, 2020

Retail, Food, Beverage, Wine & Spirits, Metaxa, Organic food, Articles

Sales at the House of Rmy Martin declined by 7.5% in organic terms in the 2019/20 financial year.

Key Points:

Sales at the House of Rmy Martin declined by 7.5% in organic terms in the 2019/20 financial year.
China had another year of very strong growth - notably driven by the Rmy Martin CLUB quality - despite a drop in demand since the end of January due to the epidemic.
Sales at the House of Metaxa declined over the period, mainly due to the change of distributors in Central Europe and Germany.
The decline in sales of Mount Gay was mainly due to a deliberate slowdown in shipments ahead of the brands relaunching in 2020/21.

Rémy Cointreau: Sales in the First Nine Months 2019/20 (April 2019 – December 2019)

Retrieved on:

Friday, January 24, 2020

Retail, Food, Beverage, Wine & Spirits, Distilled drinks, Alcoholic drinks, Distillation, Metaxa, Cointreau, Organic food, Whisky, Liqueur

Sales at the House of Rmy Martin consolidated over the first nine months of the year (down 1.6% in organic terms), on top of elevated comparatives.

Key Points:

Sales at the House of Rmy Martin consolidated over the first nine months of the year (down 1.6% in organic terms), on top of elevated comparatives.
The Liqueurs & Spirits division posted organic growth of 0.7% over the first nine months, fuelled by Cointreau, The Botanist and whiskies.
Sales at the House of Metaxa declined over the period, mainly due to the change of distributors in Central Europe and Germany.
The decline in sales of Mount Gay was mainly due to a voluntary slowdown in shipments ahead of the brands relaunch next quarter.

Rémy Cointreau: First-half sales 2019/20

Retrieved on:

Friday, October 18, 2019

Retail, Food, Beverage, Wine & Spirits, Metaxa, Kia Motors, Economy of South Korea, Transport, Automotive industry

At the beginning of September, Rmy Martin innovated with the launch of Tercet.

Key Points:

At the beginning of September, Rmy Martin innovated with the launch of Tercet.
Sales at the House of Metaxa declined over the period, primarily due to the change of distributors in Central Europe and Germany.
As expected, the decline in Partner Brands sales accelerated (-71.4% in organic terms) with the termination of large distribution contracts in the Czech Republic, Slovakia and the United States.
Rmy Cointreau anticipates that 2019/20 will unfold within the framework of the Groups medium-term objectives.