Q4 organic sales grew 8.9% YoY, driven by 15.5% organic rise in cognac sales, especially in China.
Full-year revenue slipped 5% to €935.3 million, with organic growth only 0.2% versus consensus 0.5% and a 5.2% currency drag.
Cognac division fell 6.2% reported to €573.6 million, while Liqueurs & Spirits rose 2.8% organically to €346.1 million.
Company reaffirmed operating profit target, forecasting low double‑digit to mid‑teens organic decline and a €25‑30 million negative currency impact.