Remy Cointreau’s stock jumped roughly 8% in early Paris trading after the French spirits group reported Q3 organic sales of €245.8 million, beating the consensus estimate of €242.7 million. The 2.8% sales rise outpaced analysts’ 1.6% forecast, driven primarily by stronger cognac performance.

By segment, cognac posted a 3.2% organic increase versus the 1.3% consensus, while liqueurs and spirits grew 2.8% in line with expectations. Partner Brands slipped 9.3%, marginally better than the projected 10% decline. The company reaffirmed its fiscal 2026 outlook, expecting flat to low‑single‑digit sales and an EBIT drop in the low‑double‑digit to mid‑teens range.

Jefferies analyst Edward Mundy noted a tentative stabilisation in China, where sales fell low‑double‑digits but adjusted timing effects rendered them “almost stable.” He flagged a technical boost to Q4 from a weaker CNY and warned that a softer USD/EUR could pressure fiscal 2027 results. Transformation plans slated for April aim to drive future growth.