Rémy Cointreau Reports Q1 Revenue Growth of 1.3% Organic
Rémy Cointreau SA (REMYY:OTCMKTS) has released its first-quarter financial results, showing a slight increase in overall revenue to €223.2 million compared to €220.8 million year-over-year. The growth was driven primarily by strong performance in the cognac segment, which saw sales rise 7.7% organically and 8.1% reported to reach €141.9 million. In contrast, the Liqueurs & Spirits division experienced a decline of -6.6% organic (-7.7% reported), with sales falling from €86.2 million to €79.6 million in Q1 2025 compared to the same period last year. The Group Brands segment also showed modest growth, increasing by +2.0% organically and +1.8% reported. The mixed performance highlights a shift in consumer demand toward premium spirits like cognac while other segments face challenges.
Topics: cognac sales liqueurs & spirits revenue