PARIS, June 06, 2024--Regulatory News: Rémy Cointreau (Paris:RCO) announces that its audited consolidated financial statements for the fiscal year ended March 31, 2024 are publicly available and accessible online on its website, www.remy-cointreau.com, section Finance / Publication & events /financial reports.
Like other luxury products, cognac faces slumping demand. But its deep connection to pop culture has kept it on people's minds either way.
LONDON (Reuters) -Remy Cointreau's shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply. The maker of Remy Martin cognac and Cointreau liquor faced difficulties throughout the year in the United States and China, which make up the vast majority of cognac sales. Progress towards its long-term targets, including high single-digit annual sales growth, will resume from 2025-26, it said.