Remy Cointreau Organic Sales Jump 52% in Half, 23.7% in Quarter

Some of that jump had to do with restocking in the U.S.  Sales in the Americas region were up 60.2%, led by at-home consumption and a strong on-premise recovery in the U.S., Remy Cointreau said.  But all regions posted gains.

Worldwide, cognac sales were up 27%, liqueurs and spirits were up 26.9% in the first half.  The group’s own brands performed marginally better than partner brands, 26.9% vs. 26.1%.

The Cognac division posed a “remarkable” first-half growth of 55.2%, and the liqueurs & spirits sales were up 46.9% in the half on an organic basis.

The company said it had increased confidence in its full-year guidance, which sees “strong full-year growth, tempered by adverse currency effects.”

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