Remy Cointreau lowers tariff impact estimates after US-EU deal
29/08/2025 06:38
Aug 29 (Reuters) - Remy Cointreau RCOP.PA cut on Friday its forecast impact of U.S. tariffs on European imports after the U.S. and the EU reached a trade agreement. The French spirits group now expects a net impact of 20 million euros ($23.41 million) from U.S. tariffs on its current operating profit for the 2025-26 fiscal year, down from 35 million it estimated previously. ($1 = 0.8542 euros) (Reporting by Alessandro Parodi; Editing by Christopher Cushing) ((Alessandro.Parodi@thomsonreuters.com;))