RÉMY COINTREAU: Likely slowdown in Q4 sales should be caught up in Q1 FY 22 | SELL | EUR128
RÉMY COINTREAU - SELL | EUR128(-21%)Likely slowdown in Q4 sales should be caught up in Q1 FY 22
Q4 sales expected to slow vs exceptional Q3 performance
FY 21 EBIT expectation unchanged. Start of FY 22 very dynamic
Sell recommendation maintained
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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