Remy Cointreau Reports First Annual Sales Rise Since 2023
Remy Cointreau posted 0.2% organic growth as a 15.5% rise in fourth-quarter cognac sales in China offset US weakness. CEO Franck Marilly continues a turnaround.
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REMY COINTREAU reported 0.2% organic growth in annual sales on Thursday morning, ending a sales slump that began in 2023. The France based spirits maker narrowly avoided a third consecutive annual decline despite missing analyst expectations. Investors are monitoring CEO Franck Marilly’s turnaround strategy as he attempts to navigate geopolitical disruptions and shifting consumer demand.
