Bryan Garnier - Remy Cointreau SA (RCOP.PA) RÃ‰MY COINTREAU: COVID-19 should aggravate pre-existing difficulties | SELL | EUR103(-23%)

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Bryan Garnier

Virginie Roumage

RÃ‰MY COINTREAU: COVID-19 should aggravate pre-existing difficulties | SELL | EUR103(-23%)

RÃ‰MY COINTREAU - SELL | EUR103(-23%)
COVID-19 should aggravate pre-existing difficulties

A sharp deterioration in Q1
Destocking by wholesalers in China
Softness at L&S except for Cointreau
H1 guidance slightly upgraded

21/07/2020 3 EN

Underlying

Remy Cointreau SA

See profile

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

Other Reports on these Companies

Bryan Garnier

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RÃ‰MY COINTREAU: COVID-19 should aggravate pre-existing difficulties | SELL | EUR103(-23%)

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

H&M: modest signs of improvement

Emerging consolidator in Germany’s optical retail sector

Fastned: EUR34.7m bond issue

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