Rémy Cointreau cognac sales rise 16.5% as China shipments accelerate
Rémy Cointreau reported €196.8 million in cognac sales for the second quarter of its 2026/27 financial year, up 16.5% year on year, after shipments to Chinese distributors were brought forward ahead of the Mid-Autumn Festival.
Second-quarter growth
Rémy Cointreau’s cognac division generated €196.8 million in sales from July through September 2026, compared with €168.9 million in the corresponding period a year earlier. The €27.9 million increase represented reported growth of 16.5%, while organic growth excluding currency movements and changes in business scope was 12.4%.1
The results apply to the cognac division rather than Rémy Cointreau as a whole. The Paris-based producer of cognac, liqueurs and other spirits recorded consolidated revenue of €935.3 million in its 2025/26 financial year.1
Faster momentum after the first quarter
Organic growth in cognac accelerated from 7.7% in the April-to-June first quarter to 12.4% in the second quarter, an improvement of 4.7 percentage points.1
Currency movements contributed €6.9 million to the reported year-on-year increase. At constant exchange rates, quarterly cognac sales would have been €189.9 million.1
First-half performance
Across the first half of the financial year, covering April through September, cognac sales reached €338.7 million, up from €300.2 million a year earlier. The €38.5 million increase equated to reported growth of 12.8%, while organic growth for the six months was 10.3%.1
China shipments and remaining uncertainties
Rémy Cointreau attributed part of the quarterly improvement to shipments to China that were made earlier than usual ahead of the Mid-Autumn Festival. These figures measure the producer’s sales to distributors and other trade customers, not purchases by final consumers, so the accelerated deliveries may precede the associated consumer demand.1
The company did not disclose how much of the organic increase came from sales volumes, pricing or changes in product mix. Although the organic measure removes exchange-rate and business-scope effects, it does not distinguish among those operating factors.1
China therefore provided important support for the cognac division during a period of uneven international spirits demand, shifting retailer restocking patterns and varying consumer expenditure on premium alcohol. The figures were published in Rémy Cointreau’s primary sales statement for the second quarter of 2026/27 and showed stronger cognac momentum after the slower April-to-June period.1
Sources
Written by the Dionysus editors from the sources above.
