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Tag "Remy Cointreau"

Remy Cointreau Enters Scotch Whisky Market

    Remy Cointreau Enters Scotch Whisky Market

Remy Cointreau UK, a wholly owned subsidiary of Remy Cointreau Group, has agreed to acquire Bruichladdich Distillery Company, the Islay single malt Scotch whisky distiller. The transaction marks the French drinks group’s first move into the premium single malt Scotch whisky market, a category experiencing strong growth all over the world, especially in the very […]

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Strong Sales Performance by Remy Cointreau

    Strong Sales Performance by Remy Cointreau

French drinks group Remy Cointreau has reported a 13% increase in full year turnover to Eur1.03 billion, including a 21.9% rise in Remy Martin sales to Eur592.5 million. All regions of the world contributed to the increase, with double-digit organic growth in the US and Asia. The strong results were driven by the move up […]

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Interim Profits Surge at Remy Cointreau

    Interim Profits Surge at Remy Cointreau

Reflecting sales growth across all its geographic regions, French spirits group Remy Cointreau has increased current operating profit by 27.3% (up 30.7% organically) to Eur106.2 million for the first six months ended September 30th 2011. Turnover at Eur474.9 million rose by of 10.9% compared with the previous period and by 18.1% organically. The group’s own […]

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Remy Cointreau Offers Champagne Division Up For Sale

Remy Cointreau is considering selling its loss-making champagne business. The French drinks group has hired Credit Agricole-CIB to commence a competitive bid process for the possible sale of the champagne division, which incorporates the Piper-Heidsieck and Charles Heidsieck brands. Champagne sales fell by 23.7% to Eur96.7m in the year to March last.

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