On Wednesday, Rémy Cointreau unveiled its results for the 2024-2025 financial year, marked by a marked deterioration in its financial indicators.
Faced with a tense global economic environment, the French spirits group posted sales of 984.6 million euros, down 18% organically on the previous year. Operating income before non-recurring items (OI) totaled 217 million euros, down 30.5% in organic terms, while net income, Group share fell by 36.8% to 121.2 million euros.
An unfavorable economic environment
The Cognac division, which accounts for around 70% of the Group’s sales, suffered particularly badly, with organic sales down 21.9%. Profit from recurring operations for cognac plummeted by 32.4%, bringing the margin down to 30.2%. The Liqueurs & Spirits division fared slightly better, with “only” a 9.6% organic drop in sales and a stable margin of 14.6%, buoyed by a strong recovery in the fourth quarter. By contrast, partner brands posted an operating loss of 1.4 million euros.
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Photo à la Une : © Rémy Cointreau
