Q2 2022 Remy Cointreau SA Corporate Sales Call Transcript
Hello, and welcome to the Rémy Cointreau H1 Sales 2021-2022 Publications Conference Call. My name is Val, and I will be your coordinator for today's event. Please note, this conference is being recorded. (Operator Instructions) I'll now hand you over to your host, Luca Marotta, CFO, to begin today's conference. Thank you.
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Good morning, everyone. Thank you for being here with us this morning. And as you have seen in the press release, Q2 sales showed another very strong quarter above your and our expectations and at plus 23.7% compared to last year on an organic basis. This performance implies that sales were up plus 19.4% versus Q2 '19-'20. So well above the pre-pandemic levels. Overall, H1 sales recorded an outstanding growth of 52%, i.e., plus 26.9% versus H1 '19-'20. This performance reflects an excellent performance from all our divisions. And from a channel point of view, the group benefited from a strong rebound in on-trade across regions as well a steady resilience of the off-trade to
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