PARIS, July 27, 2022--Regulatory News: Capitalised terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions of the Bonds (the "Conditions").
PARIS, July 27, 2022--Regulatory News: Rémy Cointreau (Paris:RCO):
Remy Cointreau said it was confident over prospects for its current financial year, after first-quarter sales beat expectations and cognac sales strongly recovered in the key Chinese market in June. The maker of Remy Martin cognac and Cointreau liqueur said its China business saw a double-digit sales rebound last month, having suffered from COVID lockdowns in April-May, and also benefited from strong demand in Europe and the United States. The group said its current financial year through March 2023 would be another year of strong sales growth and improvement in its current operating margin, as price increases and strict cost controls would mitigate inflationary pressures.