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Pessimism abounds for Rémy Cointreau as latest quarter sales slide again – results data

Olly Wehring
Last updated: 25/10/2024 at 1:28 PM
By Olly Wehring
25 October 2024
3 Min Read

The brand owner flagged “soft end-consumption and intense promotional activity around the world”.


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Three-month sales decline 16.1% to EUR316.7m (US$228.9m)Cognac sales in three months to end of September fall by 20.7%Fiscal 2025 half-year down 15.9% at EUR533.7mFull-year sales guidance revised from "gradual recovery" to double-digit sales decreaseRémy Cointreau has warned of "another year of double-digit decline" for its sales, with the company's fiscal Q2 aping the previous quarter's top-line slump.The 16.1% slide in sales from the three months to the end of September, announced today, comes on the back of Q1's decline of 15.6%. Subsequently, the first half of fiscal 2025 stands at -15.9%

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  • AB InBev
  • Bacardi
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  • Diageo
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TAGGED:Rémy CointreauRémy Martin
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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