Organic sales reached €261.1m ($311.2m) on a constant-currency basis, supported by an improved performance across its main business lines. On a reported basis, sales fell 3.3% to €245.8m, hit by exchange rate fluctuations. During the quarter, Rémy Cointreau’s Cognac business – its largest by sales – generated €150.2m in reported sales, down 3.5%. Rémy Cointreau said the “performance reflects solid momentum in the Americas region for the fourth consecutive quarter”. Shares in Rémy Cointreau stood at €40.72 at 12:35 CET, up 3.93% on the day.