Remy Cointreau's sales fall less than feared in Q3

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Ireland Headlines News

Remy Cointreau has posted a smaller-than-expected drop in third-quarter sales as strong shipments to China ahead of the Lunar New Year partly offset lower cognac consumption in the US.

This comes as strong shipments to China ahead of the Lunar New Year partly offset lower cognac consumption in the US.

Remy Cointreau reported a revenue of €437.6m for the three months through December, an organic drop of 6% from a year earlier but slightly ahead of analysts' €433.3m forecast.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gunman didn't know Monterey Park dance hall victims, sheriff confirmsThe 72-year-old gunman who sprayed bullets into a Southern California ballroom dance hall, killing 11 people, had no known connection with the victims, the Los Angeles County sheriff said.
Source: IrishMirror - 🏆 4. / 98 Read more »

Oil prices firm on China demand optimismOil prices rose more than 1% today on expectations demand will strengthen as top oil importer China reopens its economy and on positive US economic data.
Source: RTEbusiness - 🏆 16. / 61 Read more »

‘Constant’ delays from lenders and local authorities slowing down property sales – Law SocietySubmission says a range of planning and administrative issues are slowing down conveyancing and calls on the government to support a raft of changes to the system
Source: businessposthq - 🏆 8. / 71 Read more »

Adidas Ireland reports surge in sales to €54m after opening Irish retail storeCompany’s most recent accounts show a post-pandemic bounce, with an increase in wholesale trading and online sales as well as its new Kildare Village outlet
Source: businessposthq - 🏆 8. / 71 Read more »

Intel shares slide on dire sales forecastChipmaker posts net loss of $664 million in fourth quarter via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Suretank founder buys back equity fund stakeSuretank founder Patrick Joy has bought back a two-thirds stake in the Irish manufacturer he sold to a Norwegian private-equity fund a decade ago
Source: IrishTimesBiz - 🏆 6. / 77 Read more »