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Rémy Cointreau (RMC) investor relations material
Rémy Cointreau Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary30 Oct, 2025
Executive summary
H1 organic sales declined 4.2% year-over-year, with Q2 down 11% due to adverse phasing and challenging macroeconomic conditions, especially in China.
Americas saw strong sales growth (+12.8%), driven by Cognac, while APAC sales fell 14.8% due to significant declines in China; EMEA declined 9.2% amid subdued demand.
Group reported H1 sales of €489.6 million, down 8.3% reported and 4.2% organic.
Guidance for 2025-26 was lowered, with organic sales growth now expected to be stable to low single digits and COP to decline by low double digits to mid-teens.
Financial highlights
H1 sales: €489.6 million, down 8.3% reported and 4.2% organic; negative currency impact of 4.1%.
Q2 sales dropped 11% organically, with Cognac down 13.5%, Liqueurs & Spirits down 5.3%, and Partner Brands down 28.7%.
Cognac H1 organic sales: -7.6% (volume +0.7%, price-mix -8.4%); Liqueurs & Spirits H1 organic sales: +4.1% (volume +5.2%, price-mix -1.0%).
Partner Brands represented 1.5% of group sales, down 35.7% in H1.
Currency impact on H1 sales: -€21.7 million, mainly from USD, CNY, and CAD.
Outlook and guidance
Full-year organic sales now expected to be stable to up low single digits, revised from mid-single digit growth.
Organic COP expected to decline low double digit to mid-teens, reflecting tariffs and pricing actions.
Tariffs net impact updated to €25 million on COP (China €5 million, US €20 million), with mitigation plans in place.
Currency effects expected to reduce sales by €50–60 million and operating profit by €25–30 million.
Quantify COP impact from investments and currency?
How will US cognac growth offset APAC weakness?
What drives L&S resilience amid cognac decline?
What Q2 factors most impacted guidance?
How will pricing pressure impact future margins?
How do new initiatives drive future growth?
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Next Rémy Cointreau earnings date
H1 25/2627 Nov, 2025
Next Rémy Cointreau earnings date
H1 25/2627 Nov, 2025
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Frequently asked questions
One of Europe’s liquor giants
With their international portfolio of brands like Rémy Martin, Cointreau, Mount Gay Rum, and Louis XIII, Remy Cointreau is a French, Family-owned business with almost 300 years of history. Their flagship product is Rémy Martin, the second most popular cognac in the world, behind LVMH’s Hennessey.
The France-based company has recently focused on streamlining its business and switched to its best-selling and most profitable cognacs, champagnes, and wines. This path has led the group to become one of the largest drink groups in Europe.
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