Remy Cointreau

Rémy Cointreau has appointed former Pernod Ricard executive Grégory Leymarie as its managing director for emerging markets. Leymarie spent over a decade at Pernod Ricard in Africa and served as CEO of its regional business for nearly four years until September 2024. The hire is part of Rémy Cointreau’s strategy to scale up in emerging markets, which the company has identified as one of three key battles to drive sales and earnings. Chief markets officer Ian McLernon said emerging markets offer fantastic growth potential and are a strategic focus for the group. Leymarie, who most recently led French wine business Groupe Thunevin, stated he looks forward to delivering an impactful emerging markets strategy.

Rémy Cointreau reported first-quarter 2026-27 sales of 223.2 million euros, up 1.3 percent on an organic basis, in line with its expected full-year trajectory. The Cognac division grew 7.7 percent organically, driven by strong growth in Asia-Pacific and solid performance in the United States, while the Liqueurs and Spirits division declined 6.6 percent organically, partly due to an unfavourable phasing effect in the Americas. The Group confirmed its 2026-27 objectives, anticipating a return to sustainable organic sales growth and a slight organic improvement in Current Operating Margin, with an estimated 20 million euros in customs duties. In a volatile environment, the Group expects a negative full-year currency effect of around minus 15 million euros on sales and between minus 5 million and minus 8 million euros on Current Operating Profit.