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RCO — Remy Cointreau SA News Story

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Remy Cointreau Q1 sales top forecasts, confirms full-year targets

Remy Cointreau Q1 sales top forecasts, confirms full-year targets

- French spirits group Remy Cointreau RCOP.PA on Wednesday beat first-quarter sales expectations, driven by a stronger-than-expected performance in its cognac division and Asian markets outside China.

Sales rose 1.3% organically to 223.2 million euros, against analysts' expectations of 0.2% growth to 218.8 million euros according to a company-compiled consensus.

The spirits maker confirmed its full-year targets.


(Reporting by Hugo Lhomedet in Gdansk and Emma Rumney in London; Editing by Matt Scuffham)

((hugo.lhomedet@thomsonreuters.com))

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