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( RC ) RÉMY COINTREAU Outstanding results Current Operating Profit : up 104.5 % on an organic basis Current operating margin : 33.0 % on a reported basis ( an all - time high ) Full - year guidance upgraded Rémy Cointreau generated consolidated sales of € 645.3 million in the first half , up 52.0 % on an organic basis¹ ( 49.8 % on a reported basis ) and up 26.9 % on an organic basis relative to the first half 2019-20 ( pre - pandemic ) . This performance reflects continued excellent momentum in China and the United States as well as a strong recovery in Europe . Current Operating Profit came in at € 212.9 million , equating to exceptional growth of 104.5 % on an organic basis and 100.4 % on a reported basis . The current operating margin rose significantly , climbing 8.3 percentage points ( pp ) to an all - time high of 33.0 % ( up 8.5pp on an organic basis ) . Key figures in € m ( unless otherwise stated ) Sales Gross margin ( % ) Eric Vallat , Rémy Cointreau's CEO , stated : “ It has been an amazing semester for Rémy Cointreau , reflecting our market share gains and the solid progress made on our strategic priorities . These results will reinforce our ability to become the worldwide leader in exceptional spirits . They will enable us to fuel the growth of tomorrow , by accelerating our investments behind our brands , our capabilities , and our plan #APlanet OfException against global warming . We should be proud , but also humble as we operate in a resilient business . Our great brands built over centuries are well positioned to benefit from the upgrading trends worldwide . " Current Operating Profit Current operating margin ( % ) Net profit attributable to the Group Net profit excluding non - recurring items Net margin excluding non - recurring items ( % ) EPS after minority interests ( € ) EPS excluding non - recurring items ( € ) Net debt / EBITDA ratio H1 2021-22 645.3 69.1 % 212.9 33.0 % 134.0 148.2 23.0 % 2.67 2.95 0.77 H1 2020-21 First half 2021-22 Paris , 25 November 2021 430.8 64.7 % 106.2 24.7 % 65.0 65.2 15.1 % 1.30 1.31 2.04 Reported change + 49.8 % + 4.4pp + 100.4 % + 8.3pp + 106.1 % + 127.4 % + 7.8pp + 104.9 % + 126.0 % -1.27 ¹ All references to " organic growth " in this press release refer to growth at constant currency and consolidation scope . Organic change vs. H1 '20 -21 vs. H1 '19 -20 + 52.0 % + 26.9 % + 4.0pp + 2.0pp + 104.5 % + 58.8 % + 8.5pp + 111.6 % + 132.9 % + 8.0pp + 6.7pp + 51.7 % + 78.9 % + 6.8pp 1