FRANCE: Remy posts 7% profit rise in H1

By just-drinks.com editorial team | 11 December 2002

The French spirits and wines group, Remy Cointreau SA, posted net profit for the first half of the fiscal year of €43.1m ($43.5m), up 6.7% from €40.4m in the first half of last year, ahead of market forecasts. The rise was attributed to a robust performance from liqueurs and Champagne which compensated for poorer figures for Cognac and other spirits.

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The French spirits and wines group, Remy Cointreau SA, posted net profit for the first half of the fiscal year of €43.1m ($43.5m), up 6.7% from €40.4m in the first half of last year, ahead of market forecasts. The rise was attributed to a robust performance from liqueurs and Champagne which compensated for poorer figures for Cognac and other spirits.

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