Remy Cointreau tracks for best day in two years after Q3 beat, positive China news

Remy Cointreau SA

29/01/2026 08:16

** Shares in Remy Cointreau RCOP.PA rise around 9%, to the top of France's SBF 120 .SBF120 index, after the French spirits maker published a return to growth above expectations in its Q3 update, confirmed 2025-26 guidance

** Q3 quarterly sales grew 2.8% to 245.8 million euros ($294.20 million), while analysts expected a 1.7% growth in a company-compiled consensus

** The Cognac maker also confirmed expecting FY 2025-2026 organic sales growth between stable and low-single-digits

** "We expect shares to be up strongly supported by the Q3 beat and headlines this morning on positive Chinese baijiu sell-in ahead of CNY," J.P. Morgan says in a note

** Shares are on track for their best day in two years

** In the sector, Pernod Ricard PERP.PA also rises 4.3%

($1 = 0.8355 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))