Rmy Cointreau profits driven by champagne sales
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Written by Harpers Editorial team
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Thursday, 17 April 2008 |
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Champagne sales at French drinks firm Rémy Cointreau helped to drive annual turnover up to ?817.8 million (£657.7m).
Piper-Heidsieck achieved the strongest growth in its traditional markets (Benelux, the UK, the US, Germany and Spain) and spearheaded 15.4% organic growth for the company's champagne portfolio.
This was the largest organic growth in Rmy Cointreau's portfolio from April 2007 to March 2008 with liquers & spirits and cognac registering 4.3% and 11.5% increases respectively.
Across the whole group there was a 9.7% growth in sales over this period, which is the strongest organic growth for Rmy Cointreau since 2000.
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