Annual results

In 2026-2027, Rémy Cointreau anticipates a return to sustainable organic sales growth, with momentum expected to strengthen progressively over the year.

The Group also anticipates a slight organic improvement in Current Operating Margin. This projection is based on Current Operating Profit integrating an estimated €20 million [1] in customs duties, compared with around €15 million in 2025-26.

Finally, Rémy Cointreau aims to maintain its leverage (net debt/EBITDA) below 3.5x at March 31, 2027.

In a particularly volatile environment and based on estimates to date, the Group expects a negative full-year currency effect of:

• between -€15 million and -€20 million on sales;
• between -€5 million and -€8 million on Current Operating Profit.

[1] The COP forecast includes customs duties of €20 million (of which €15 million in the United States and €5 million in China). These estimates are based on the following assumptions:

• A minimum import price in China as defined in the agreement signed with MOFCOM;
• Customs duties on US imports set at 15% for the European Union, and at 10% for the United Kingdom and Barbados.

Rémy Cointreau continues to roll out its “Sustainable Exception” roadmap and has confirmed further progress under this transformation program.

Since 2022, the roadmap’s Terroir pillar has committed the Group to aligning its climate trajectory with the Paris Agreement, as validated by the Science Based Targets initiative (SBTi). For the second consecutive year, the Group’s carbon emissions performance remains ahead of schedule, with its direct CO₂ emissions (Scopes 1 and 2) and those from its value chain (Scope 3) down -15% compared to the 2020–2021 baseline. This reflects a range of concrete actions across the Group’s Maisons, including expanded solar power generation, which now covers 3% of total energy needs, with a target of tripling that figure within two years; the INTACT project focused on legume-based alcohols; and efforts to reduce packaging.

The Group also continued to make progress in reducing water use, particularly at sites in water-stressed areas. The target is a -20% reduction from the 2022-2023 baseline by 2030. Once again this year, progress exceeded targets, with water withdrawals down -36% compared to the baseline, reflecting ongoing work to optimize production processes, reduce losses and modernize infrastructure.

Under its sourcing of agricultural materials, Rémy Cointreau has continued to support suppliers in obtaining certification in sustainable or regenerative agriculture. Today 77% of strategic agricultural materials are certified, up from 68% last year. A milestone was reached in 2025 when the Domaine des Hautes Glaces and Telmont estates obtained ROC (Regenerative Organic Certified®) certification for their own estates, reinforcing their role as pioneers in regenerative agriculture.

Finally, under the roadmap’s social pillar (People), the Group has continued to advance its diversity and equal opportunity commitments. Women currently account for half of the Executive Committee, exceeding the permanent target of 40%.