Core Viewpoint - Rémy Cointreau reported a 5.7% organic sales increase in Q1 2026, driven by favorable comparisons in the U.S. and a modest improvement in value depletion, despite challenges in the Chinese market and travel retail disruptions [3]. Sales Performance - Q1 sales performance was influenced by a favorable base of comparison in the U.S. and a sequential improvement in value depletion compared to Q4 of the previous fiscal year [3]. - The Chinese market faced tough conditions, with travel retail disruptions negatively impacting sales by 2.5 points at the group level; however, China showed resilience when excluding these factors [3]. - EMEA region experienced sequential sales improvement compared to Q4, primarily led by the Liqueurs & Spirits division [4]. Volume and Pricing - Overall sales improvement in Q1 was characterized by a 12.4% increase in volume, while there was a 6.6% negative price/mix effect, attributed to the underperformance of certain brands and the positive performance of Liqueurs & Spirits [4].