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Rémy Cointreau Q1 sales suffer an expected slide

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Famed cognac conglomerate Rémy Cointreau’s first quarter reported sales slid ­2.1% to €218.6 million for the three months ending on 30 June 2016. While the news missed analysts expectations of 1.5% growth, the company had anticipated a dip in the first quarter. “The sales trend in this early part of…

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