Remy Cointreau has reported a stronger-than-expected 27.2% organic jump in first-half operating profit, driven by strong demand for its premium cognac in China and the US and cost controls.
For the full year of 2022/23, the maker of Remy Martin cognac and Cointreau liqueur reiterated it expected another year of strong organic sales growth.
It said the second half is also set to reflect a return to normal consumption trends after two years of "exceptional growth".
Group current operating profit for the six months to September 30 reached €319.3m, marking an organic rise of 27.2%.
That outperformed a company-compiled consensus of 22 analysts that forecast current operating profit of €306m, up 23.8% like-for-like.
Remy Cointreau's fiscal year starts on April 1 and ends on March 31.
