China helps drive Remy sales

Remy Cointreau, the second biggest distiller in France, yesterday forecast strong full-year revenue and earnings growth, driven by strong Asian demand for cognac. The Chinese New Year is on 3 February this year and orders have been strong the company said. Sales in the nine months to December rose 11 per cent overall. The Cognac unit saw a rise of 19 per cent. Remy has been looking to emerging markets to stimulate more sales.