Apr 29, 2022 / 07:00AM GMT
Operator
Hello, and welcome to the Rémy Cointreau Full Year Sales Publication. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand over to your host, Luca Marotta, CFO, to begin today's call. Thank you.
Luca Marotta - Rémy Cointreau SA-CFO
Good morning, everyone. Thank you for being here with us this morning. I think that as you have seen in the press release, we generated an outstanding growth of 27.3% in organic terms this year, representing an increase of plus 29.4% versus 2 years ago, 2020. This performance reflects a significant mix price improvement, plus 9.2; as well as an exceptional volume growth of 18.2.
As expected and mentioned several times, sales were down at 9.4 in Q4. which represents a growth of plus 4.2 if we compare the Q4 to the '19-'20 period. In fact, the quarter has been impacted by the strategic inventory management on Cognac, (inaudible) and on the whiskey portfolio, as well and the negative calendar effect of guidance expected of EUR 6 million
Q4 2022 Remy Cointreau SA Corporate Sales Call Transcript
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