Bryan Garnier - Remy Cointreau SA (RCOP.PA) RÃ‰MY COINTREAU: A very soft first half of the year | BUY | EUR131(+10%)

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Bryan Garnier

Virginie Roumage

RÃ‰MY COINTREAU: A very soft first half of the year | BUY | EUR131(+10%)

RÃ‰MY COINTREAU - BUY | EUR131(+10%)
A very soft first half of the year

H1 EBIT down 4.7% in organic termsâ€¦
â€¦due to all divisions/holding costs
Consensus to move downwards by around 4%

28/11/2019 3 EN

Underlying

Remy Cointreau SA

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Virginie Roumage

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Bryan Garnier

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RÃ‰MY COINTREAU: A very soft first half of the year | BUY | EUR131(+10%)

RÉMY COINTREAU | NEUTRAL | EUR210 VS. EUR205 Short term upside into Q1 sales

RÉMY COINTREAU: Confidence of the management for the current year | NEUTRAL | EUR205

RÉMY COINTREAU NEUTRAL | EUR197 FY sales in line with expectations. Strong growth in FY EBIT not quantified at this stage

Deliveroo: strengthening growth/margin profile ahead of DoorDash deal

Valneva : FDA lifts age restriction on IXCHIQ

Ahold Delhaize: navigating investments and FX headwinds well

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