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Destocking drag in US hits Rémy Cointreau sales – results data

Olly Wehring
Last updated: 09/09/2024 at 2:23 PM
By Olly Wehring
24 July 2024
3 Min Read

The financial year to the end of March 2025 should see a “gradual recovery” after H1.


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Sales in three months to end of June tumble by 15.6% to EUR217m (US$235.8m)Fiscal 2025's Q1 sees cognac sales decline 12.2%Liqueurs & spirits division slumps by 20.4%"No sign of a recovery in depletions yet" for the Americas reporting regionThe promising end to fiscal 2024 for Rémy Cointreau has been undone by a tough three months to the end of June - Q1 of fiscal 2025 - for the group as sales fell by just over 15%.A combination of a near-flat performance in the quarter prior and positive noises from cognac peer Moët Hennessy yesterday suggested a healthier start for Rémy Cointreau's cu

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

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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