Global alcohol manufacturer Rémy Cointreau saw its sales decrease by 8.3% to around £428m in the first half of 2025/26.

Remy Cointreau saw its operating profit decline by 26.2% on an organic basis to around £95m, driven by lower sales and gross margins due to duties and an unfavourable price mix.

The overall net profit decreased by 31.3% to around £55m, which was impacted by the lower sales as well as investment into marketing and communications.

Franck Marilly, CEO of Rémy Cointreau, said: “This first half of the year was challenging, but it also marks the start of a new era for Rémy Cointreau. Despite a persistently tough environment, we remain confident in our ability to return to growth in the second half.

“It is time to challenge the way we think and operate. I identified five key levers to regain agility and drive performance: adapting our organisation, rebalancing our commercial resources, redefining how our brands express their DNA, sharpening our value-driven strategy, and re-evaluating our investment model to focus resources on our top priorities.”

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The business expects to make a recovery in the second half of the year and estimates an organic sales growth in the range between stable and low single digits.

However, due to the challenging trading environment, Rémy Cointreau forecasted an organic decline in current operation profit of between low double digits and mid-teens.

Marilly: added: “In the coming months, our efforts will centre on shaping and deploying our transformation plan, while immediately activating the value-creation levers that are already within our reach.

“This includes building on innovations aligned with evolving consumer expectations and enhancing our pricing agility, all while staying true to our value-driven strategy.”