Strong U.S. Performance Drives 4% Sales Growth For Rémy CointreauOctober 18, 2016
Solid results in the U.S. market led Rémy Cointreau to a 4% organic sales increase in its fiscal first half (ended in September), as revenue climbed to €513 million ($565m). Rémy Martin Cognac—accounting for more than 60% of the group’s sales—was up 5% to €323 million ($355m) during the period, with U.S. growth driven by its 1738 Accord Royal expression (retailing at around $60 a bottle). Cointreau liqueur also continued to see strong demand in the U.S., Rémy noted, as did its portfolio of Islay spirits—including the Bruichladdich, Port Charlotte and Octomore Scotch whiskies, as well as The Botanist gin.
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