Daily Archives: June 10, 2016

Remy Contreau’s CEO bullish on Africa’s potential

June 10, 2016   Editor   No comments

Remy Cointreau’s CEO, Valerie Chapoulaud-Floquet, said on Thursday Africa’s contribution to the spirit maker’s revenue continues to grow and will soon be equal to 15% of Europe’s sales, up from less than 10% in the previous fiscal year.

Commenting on the firm’s full-year financial results, which saw the French spirits maker post an impressive 10.6% rise in profits, Ms. Chapoulaud-Floquet, said that Africa is like Asia 25 years ago, forecasting that the continent’s sales contribution to the firm will accelerate in the coming years.

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Flavour bags Ambassadorial deal with Life Continental Lager

June 10, 2016   Editor   No comments

Life Continental Lager, from the stables of Nigerian Breweries Plc has chosen award-winning highlife crooner, Flavour N’abania as brand ambassador for the leading South-East beer brand.

Life Continental beer has been for years the beer brand of choice for consumers from Eastern Nigeria. Nigerian Breweries said, that choosing Flavour as the brand ambassador further reinforces its commitment to the heritage, essence, connection and affinity with people of the South East.

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FG, FrieslandCampina WAMCO sign MoU to improve Nigeria’s dairy production

June 10, 2016   Editor   No comments

The Federal Government on Thursday in Abuja signed a Memorandum of Understanding with FrieslandCampina WAMCO Nigeria Plc, to improve dairy production in the country.

Speaking at the ceremony, the Minister of Agriculture and Rural Development, Audu Ogbeh, said that government’s target was to ensure each child in the country consumed three pints of milk a day.

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Remy Cointreau full-year profits rise 10.6% on strong demand for premium cognac

June 10, 2016   Editor   No comments

French spirits maker, Remy Cointreau, said on Thursday that net profits for the full-year ending March 2016 rose 10.6% to €102.4m ($125.9m), from €92.6m the previous year. The rise was led by strong demand for premium cognac and other dark spirits in the U.S. and Asia Pacific region. Remy Cointreau has been accelerating its drive to sell high-end spirits priced above $50 per bottle.

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