The logo of Remy Cointreau SA is pictured at the Cointreau distillery in Saint-Barthelemy-d’Anjou near Angers, France, February 8, 2019. REUTERS.
Aug 29 (Reuters) – Remy Cointreau cut on Friday its forecast impact of U.S. tariffs on European imports after the U.S. and the EU reached a trade agreement.
The French spirits group now expects a net impact of 20 million euros ($23.41 million) from U.S. tariffs on its current operating profit for the 2025-26 fiscal year, down from 35 million it estimated previously.
Reporting by Alessandro Parodi; Editing by Christopher Cushing
