EL7.AI
StocksMedium•28 October 2026•
3 min read

Rémy Cointreau organic sales rise 4.2% in second quarter to €280.1 million

Key Facts

1Organic sales rose 4.2% to €280.1 million in the second quarter, versus an average forecast of 3.6%.
2Organic Cognac sales grew 12.4% to €189.9 million, versus forecasts of €186.4 million.
3Asia-Pacific sales increased 14.3% in the first half, while the Americas declined 5.5% and Europe, the Middle East and Africa fell 2.2%.
4The company cut its estimate of the tariff impact on current operating profit to around €5 million from around €20 million.

Rémy Cointreau reported a 4.2% rise in organic sales in the second quarter of its 2026-27 financial year, reaching €280.1 million in the period from July to September 2026. Growth was above the average analyst forecast of 3.6%, according to Reuters via AOL. The group's reported sales rose 7.0% year on year to €287.7 million, compared with organic sales of €268.8 million in the corresponding quarter. The figures show an acceleration in organic sales during the quarter, while the company said quarterly growth was in line with the trajectory for the full financial year. Performance was driven mainly by growth in the Cognac division, supported by shipments to China ahead of the Mid-Autumn Festival.

Organic Cognac sales grew 12.4% to €189.9 million in the second quarter, beating analyst forecasts of €186.4 million, according to Reuters via AOL. The company said Cognac shipments to China accelerated ahead of the Mid-Autumn Festival. It added that performance was also strong across the rest of Asia-Pacific. This makes China one of the factors supporting the quarterly result, but it is linked to the timing of shipments ahead of the occasion, alongside momentum in other Asian markets. For the first half of the financial year, Asia-Pacific sales rose 14.3%, according to the results statement cited by Business Wire via MarketScreener.

By contrast, sales in the Americas fell 5.5% in the first half, while sales in Europe, the Middle East and Africa declined 2.2%, according to data reported by Business Wire via MarketScreener. This regional gap highlights the group's reliance on Asia-Pacific strength for growth, alongside weaker sales in the other two regions. By product, Cognac growth provided a clear boost to quarterly sales, while the available information did not include comparable figures for the other divisions. The group's result therefore remains a mix of strong Asian growth and declines in Western markets, rather than growth distributed evenly across regions. The company also linked part of China's strength to shipments advancing ahead of the Mid-Autumn Festival, not as evidence of a broad recovery in Chinese consumer demand.

Rémy Cointreau cut its estimate of the tariff impact on current operating profit in the 2026-27 financial year to around €5 million, from around €20 million in its previous estimate, according to Reuters via AOL. The new estimate reduces the expected tariff burden on earnings compared with what the company had previously anticipated. It remains a factor in profitability calculations, alongside the sales trajectory in different regions. The company indicated that it expects sustained organic growth, while the impact of tariffs and operating margin remain important in assessing the year's results. The available information does not include a specific operating margin figure or a quantitative breakdown of how the revised tariff estimate affects earnings.