Remy Cointreau posts 14.2% drop in 2008-09 operating profit
Submitted by Dominic Haber on Wed, 06/10/2009 - 15:48Citing difficult economic conditions, French wines and spirits group Remy Cointreau Wednesday posted a 14.2 percent drop in its full-year 2008-09 current operating profit to 137 million euros. The group's earnings for the year plunged 12.7 percent - from the earlier year's 817.8 million euros to 714.1 million euros.
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