REMY COINTREAU SHOWS DOUBLE DIGIT GROWTH WITH HELP FROM PARTNER BRANDS

In the twelve months ending March 31, Cognac producer Remy Cointreau reported a 6.4% growth for the year. The company’s liqueur and spirits products grew 1.3% giving an “excellent performance” in the U.S., especially in the last half of the year. Partner brands increased 20.4% on Scotch whiskies – The Famous Grouse and The Macallan - and California wine sales in the U.S. Remy acknowledged that the strongest growth came from their partner brands stating: “The remarkable double-digit growth for the year was sustained by the dynamism of the Scotch whiskies The Famous Grouse and The Macallan as well as Californian wines in the US.” Cognac sales inched up 0.5% and champagne sales grew 4.6%.