Rémy Cointreau reported modest growth for the first quarter.
The company's Q1 growth results led to an increase in its shares.
Rémy Cointreau shares rise following modest Q1 growth
The spirits producer reported quarterly growth that boosted its stock value.
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Rémy Cointreau reported unverified first-quarter sales of €223.2 million, reflecting an organic growth of +1.3% and a reported growth of +1.1%. While Cognac organic growth rose by +7.7%, the Liqueurs & Spirits segment saw an organic decline of -6.6%. Additionally, the company launched 'RC Forward,' a transformation program aiming for approximately €100 million in value creation by 2028–29.
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