Remy Cointreau cuts full year goals after worse-than-expected Q2 sales
30/10/2025 06:28
Oct 30 (Reuters) - Remy Cointreau SA RCOP.PA: Q2 GROUP SALES EUR 268.8 MILLION (COMPANY-COMPILED CONSENSUS EUR 273.3 MILLION) Q2 COGNAC SALES EUR 168.9 MILLION (COMPANY CONSENSUS EUR 168.7 MILLION) 2025-2026 OUTLOOK: NOW SEES ORGANIC GROWTH BETWEEN STABLE AND LOW SINGLE DIGITS (VERSUS. MID SINGLE-DIGIT GROWTH PREVIOUSLY) CUTS 2025-2026 OUTLOOK 2025-2026 OUTLOOK: NOW SEES COP ORGANIC DECLINE BETWEEN LOW DOUBLE DIGITS AND MID-TEENS (VERSUS. A MID-SINGLE-DIGIT DECLINE PREVIOUSLY) GROUP INTENDS TO PROMOTE RECOVERY BY MAINTAINING SUSTAINED INVESTMENT IN CHINA AND THE US EXPECTS NEGATIVE IMPACT OF CURRENCY EXCHANGE RATES ON CURRENT OPERATING RESULT: BETWEEN EUR -25 MILLION AND EUR -30 MILLION (VERSUS EUR -15 MILLION TO EUR -20 MILLION PREVIOUSLY) Source text: ID:nBw4b89jGa Further company coverage: RCOP.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))