RÉMY COINTREAU: China and the US as the main positives | SELL | EUR119
RÉMY COINTREAU - SELL | EUR119(-21%)China and the US as the main positives
H1 EBIT margin down 190bp in organic terms
Dynamism of the US and China, accounting for 55% of group’s sales
1% organic sales growth expected for the full year
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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