Business Wire
04 Jun 2026, 05:28 UTC · 2h ago
Rémy Cointreau: Full-Year Results in Line With Targets
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Business Wire
04 Jun 2026, 05:28 UTC · 2h ago
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Story key points
4 claims · impact-rated
Current Operating Profit fell by 11.5% on an organic basis. — A double-digit decline in operating profit indicates significant margin compression and reduced profitability.
-0.60Reported sales decreased by 5.0%, driven largely by a -5.2% negative currency effect from the dollar and renminbi. — Currency headwinds are eroding top-line growth and highlight vulnerability to FX volatility in key markets.
-0.40Gross margins were negatively impacted by incremental customs duties. — Increased regulatory costs act as a persistent headwind to future profitability.
-0.30Organic sales grew by 0.2% to €935.3 million, meeting company objectives. — Flat organic growth suggests stagnation, though meeting targets prevents a deeper negative reaction.
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The company reported a decline in reported sales, a decrease in operating profit, and pressure on gross margins.
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