US Performance Buoys Remy’s H1 Results

Dear Client:   After a sales decrease of more than 30% in Q1, Remy Cointreau showed "significant sequential improvement" in the second quarter through September with total sales down just 4%. As a result, sales for the first half were down 16.4% on an organic basis.  "We had guided for a modest decline in Q2, and this -4% is therefore somewhat better than what we anticipated," said cfo Luca Marotta on this morning's earnings call. "This was driven by improved