Rémy Cointreau: Feedback of company lunch. Preview of Q2 sales

Rémy Cointreau did not notice any particular slowdown in underlying consumption in China during the summer. But wholesalers are reported to be extremely cautious with their orders. Q2 2015/16 (end-September) is going to be weak, mainly impacted by technical effects as the group changed its route-to-market in a number of countries. We expect organic sales to drop 4% following -9% in Q1.

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