Remy Improves in Q4, Champagne Still Struggles

Dear Client: Like other wine and spirits companies, Remy Cointreau reported a much stronger fourth quarter compared to the rest of the fiscal year. During the quarter, Remy benefitted most from "strong growth" in China and South East Asia, while the United States "proved more resilient and there was a marked recovery in Europe." Chief Jean-Marie Laborde said the company's performance "confirms the relevance" of their strategy "and the effectiveness of our commercial restructuring." With that he refers to Remy's