Rémy Cointreau is more optimistic about the 2025-2026 financial year after several months of uncertainty. The agreement reached between Washington and Brussels on customs duties, capped at 15% from August 1, significantly reduces the bill for the French group.
The impact on Rémy Cointreau’s current operating income is now estimated at €30 million, compared with €45 million previously anticipated. The US market, the leading consumer of cognac, has seen its cost revised downwards from €35 million to €20 million, while China remains stable at €10 million. This improvement has enabled the group to revise its forecast for the decline in operating income.
A renewed growth strategy
Despite a global context marked by slowing spirits consumption in China and persistent uncertainty in the United States, Rémy Cointreau confirms its ambition to return to organic revenue growth of several percent. The first signs are encouraging : in the first quarter of the fiscal year, sales grew by 5.7% organically. Management believes that the second quarter will benefit from a technical catch-up effect in the US market, offering a more solid outlook.
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Read also > Rémy Cointreau raises its forecasts thanks to a strong start to the 2025-2026 financial year
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