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Rmy Cointreau profits driven by champagne sales

Written by Harpers Editorial team   
Thursday, 17 April 2008
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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