Bryan Garnier - Remy Cointreau SA (RCOP.PA) RÃ‰MY COINTREAU: First take | BUY | EUR130(+8%)

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Bryan Garnier

Virginie Roumage

RÃ‰MY COINTREAU: First take | BUY | EUR130(+8%)

RÃ‰MY COINTREAU - BUY | EUR130(+8%)
First take

Full year EBIT grew 14.2% in organic termsâ€¦
â€¦driven by cognac
An exceptional dividend of EUR1 per share in 2019/20
Exceptional spirits representing 54% of total sales in 2018/19

06/06/2019 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: First take | BUY | EUR130(+8%)

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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