Rémy Cointreau (RCO.PA) reported consolidated sales for the financial year ended 31 March 2013 of 1.19 billion euros, an increase of 16.3% from 1.03 billion euros last year. Sales ros 8.8% organically. The company said its sales performance during the period confirms its strategic orientation initiated over the last few years.
Rémy Martin achieved double-digit organic growth for the fourth consecutive year, an increase of 12.7% organically. The Group's ongoing policy of moving upmarket, the pricing policy, combined with high quality innovations as well as a more modest increase in volumes, in line with long-term objectives, all contributed to the good result, said the company.
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