Published on
04/06/2026 - 12:05 GMT+2
Remy Cointreau SA reported a sharp fall in annual profit, although the result exceeded analysts' expectations, with improving performance in the Americas helping offset the impact of tariffs in key markets, including the US and China.
A strong euro against major currencies also made its cognac and other liquors more expensive on global markets, with higher production costs weighing on profit margins.
The group has struggled in recent years against US President Donald Trump's tariffs and China's retaliatory levies on cognac imports.
