* Results Achieve Targeted Earnings Range
* Sales Gains for Jim Beam, Maker’s Mark, Courvoisier, Titleist
and Master Lock Benefit Results
* Significant Progress in Quarter Positioning Spirits Business for
Future Growth
Continue reading ‘Fortune Brands announces third quarter results’
Archive for the 'Fortified Wines' Category
* Results Achieve High End of Updated Target Range
* Company Boosts Dividend 5% to Annual Rate of $1.76 Per Share
* Share Buybacks Exceed 4.3 Million Shares Since March 31
* Company Completes Repurchase from V&S Group of Minority Interest in Beam Global Spirits Business
Continue reading ‘Fortune Brands reports second quarter results’
The Board of Directors of Rémy Cointreau, meeting on 29 July 2008, approved the Group’s consolidated financial statements. Net profit was €98.4 million.
Continue reading ‘Rémy Cointreau: consolidated statements for the year 2007/8′
Organic revenue growth of 12%
Further increase in operating margin
LVMH Moët Hennessy Louis Vuitton recorded revenues of €7.8 billion in the first half of 2008, reflecting organic growth of 12%. The Group had excellent performances in Asia, the United States and Europe.
Continue reading ‘LVMH delivers excellent results in the first half of 2008′
Fortune Brands, Inc. (NYSE: FO):
* Company Delivers Results within Targeted Earnings Range Despite Challenging U.S. Environment
* International Growth and Successful New Products Across Company Moderate Impact of U.S. Home Products Market
* Brand-Building Investments Support Sales Growth for Key Spirits and Golf Brands
Continue reading ‘Fortune Brands reports first quarter results’
At 30 September 2007, Rémy Cointreau’s consolidated turnover for the first six months of the 2007/08 financial year was €374.5 million. This represented year-on-year organic growth of 9.8%. The six months of the year was marked by strong growth in the Group’s own brands (10.7% organic growth) and accelerated growth in several Asian and European countries.
Continue reading ‘Rémy Cointreau: consolidated turnover for six months April-September 2007′
The production of cognac in the 2005-2006 campaign came to 587,160 hl of pure alcohol. A total of 475,871 hl of pure alcohol was shipped in 2006, including 405,715 hl abroad and 19,300 hl for the French market.
[Source: Cognac World]
The Winemakers’ Federation of Australia, which represents producers of Australian wines and brandies, has welcomed the decision to apply countervailing duties to imported French brandy under government anti-dumping laws.
Continue reading ‘Industry welcomes anti dumping duties on French brandy’
Sales of cognac to America fell by 15.4% in the twelve months to March, by 10.6% in Europe and by 28% in France. On the other hand, sales in Asia rose by 42.9%. The fall is 2.8% on a worldwide scale.
Continue reading ‘Chill wind blows over cognac’
In the twelve months ended 31 March 2007, Rémy Cointreau’s turnover was €785.4 million.
Organic growth was 3.7%.
Continue reading ‘Rémy Cointreau: turnover for 12 months April-March 2007′
4.8 million bottles of Cognac were shipped to Russia in 2006. This is an increase of 40% in the last two years.
Continue reading ‘Cognac increases exports to Russia’
The good results posted by Pernod-Ricard (including Martell Cognac) are attracting investors: the Belgian Albert Frère recently acquired 5% of the capital.
Continue reading ‘Pernod-Ricard : Albert Frère takes 5% of capital’
Rory Finlay has been appointed as international marketing manager at Beam Global Spirits and Wine, a company which owns several top of the range brands including Courvoisier.
Continue reading ‘Courvoisier : new international marketing manager’
2006 should be the second best year ever for sales of Cognac after 1989 (157.4 million bottles shipped) : the figure was 150 million bottles shipped in the 12 months to the end of October.
Continue reading ‘Record for cognac’
Martell has announced a 2.75% rise in the price it pays for eaux-de-vie and a 40% increase in the quantity acquired from the
Continue reading ‘Martell and its winegrowers’
At 30 September 2006, Rémy Cointreau’s consolidated turnover was €354.4 million for the first six months of the 2006/07 financial year. This represented a year-on-year organic growth of 1.3%. The Group’s own brands grew by 4.8%, due to the dynamic performance of the Champagne and Cognac divisions.
From September 2005 to August 2006, a total of 145,900,000 bottles of cognac were shipped (+4.3% compared to 2004-2005).
Continue reading ‘Cognac shipments rise’