Rémy Cointreau’s shares leapt 10 percent after the French cognac maker unveiled a turnaround strategy to lift profits and sales.

The plan targets €100 mn of operating‑profit growth over three years by expanding into emerging markets and travel retail. Full‑year profit fell 11.5 percent to €165.4 mn, yet remains above forecasts.

Marilly, who took the helm last year, outlined cost discipline, inventory tightening and brand desirability as core levers. Inventory sits at €1.8 bn, double annual sales, and the group’s leverage has risen to 3.2 times earnings.

The stock rally trims a 15 percent year‑to‑date decline, after a nearly 75 percent slide since the pandemic boom. Investors now see a clearer path to recovery.