Campari leads the way in Milan, with the sector driven by Remy Cointreau
The French group leads the way in Paris following a decline in earnings that nevertheless exceeded expectations, and a recovery plan that has been well received by the market
Paolo Paronetto
Le ultime da Radiocor
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(Il Sole 24 Ore Radiocor) - A positive session for Campari on the Milan Stock Exchange, where the company’s shares posted one of the best performances on the FTSE MIB . Share prices are gaining ground in the wake of the strong performance by the French company Remy Cointreau, which jumped by over 10% in Paris following the publication of its financial results for the 2025-2026 financial year.
Although it reported a decline in figures (profit fell by 35% to €78.7 million, whilst revenue fell by 5% to €935.3 million), Remy Cointreau exceeded analysts’ expectations and CEO Franck Marilly highlighted the “tangible progress” made in stabilising the business, maintaining profitability and improving cash flow following the difficulties linked to the geopolitical situation and the tariffs. The priorities for the current year, the CEO explained, are accelerating the growth of “non-cognac” brands and seizing every opportunity in the cognac sector to regain momentum in the United States and China. Plans include the creation of a new corporate entity dedicated to emerging markets with the aim of “doubling sales within three years” in those markets.
The group also aims to launch a new strategy expected to generate €100 million in value by 2028–29. The new transformation plan is ‘bold’, according to UBS analysts, who describe the 2027 targets as ‘slightly above expectations’. The share’s strong performance, in any case, is driving the sector across Europe: in Paris, Pernod Ricard and LVMH are also rising, whilst in London, Diageo is seeing a solid upturn.
