Remy Cointreau’s US Sales “Moving in Right Direction”

Dear Client: Although Remy Cointreau experienced a sharp slowdown in its overall sale growth for the second quarter ending September 30, US sales remained strong. "You remember very well that Q1 was an exceptional first quarter," said cfo Frederic Pflanz. "It was not reproduced" in the second quarter, mostly due to restocking in Europe and the US, he said. The group still believes the US is moving in the right direction though. "I have been saying that for quite some