Rémy Cointreau (RCO.PA) Friday reported sales of 220.8 million euros for the first quarter, 1.8% higher than 217 million euros in the comparable quarter last year.
On an organic basis, sales grew 5.7%.
Additionally, Remy Cointreau said it now expects lesser impact of customs duties following the minimum price agreement signed with the Chinese authorities and the latest statements by the U.S. President. It now expects an organic decline in operating profit of mid-to-high-single-digits compared with the previous outlook of mid-to-high-teens decrease.
For the full year, the company expects sales to return to mid-single-digit growth on an organic basis.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.