1. Integrated Report

LIQUEURS & SPIRITS KEY FIGURES

In 2018/2019, the Liqueurs & Spirits division accounted for 23% of the Group’s total net sales.

Net sales (in €m) and breakdown by geographic area (in %)

  • 2018 (Asia / Pacific : 11%, Americas : 40%, Europe / Middle-East / Africa : 49%)
    Net sales : 266.8 M€
  • 2019 proforma (Proforma figures (pre-IFRS 15, 16 and 9)) (Asia / Pacific : 13%, Americas : 40%, Europe / Middle-East / Africa : 47%)
    Net sales : 276.6 M€
  • 2019 (Figures post-IFRS 15, 16 and 9) (Asia / Pacific : 13%, Americas : 40%, Europe / Middle-East / Africa : 47%)
    Net sales : 264.4 M€


Current operating profit/(loss) (in €m) and current operating margin (in %)

  • 2018 : 16.1% (Current operating profit/(loss) : 42.8 M€
  • 2019 proforma (Proforma figures (pre-IFRS 15, 16 and 9)) : 14.0% (Current operating profit/(loss) : 38.8 M€) 
  • 2019 (Figures post-IFRS 15, 16 and 9) : 14.7% (Current operating profit/(loss) : 38.8 M€


Partner Brands

In 2018/2019, Partner Brands accounted for 7% (proforma) of the Group’s total net sales.

This category includes brands belonging to other operators in the Wines & Spirits sector. These are distributed by Rémy Cointreau under global agreements or agreements limited to a particular country or region.

Following the non-renewal of many distribution agreements in recent years (as part of the Group’s move upmarket), the brands still distributed (as of 31 March 2019) are Passoã liqueur, Jägermeister spirits and certain spirits of the William Grant & Sons Group.