Remy Cointreau : Preview of FY 2017-18 results which are expected to be solid. 2018-19e profitability remains subject to trends in the dollar
>Organic EBIT estimated at +12.6% vs consensus +12.9% - Rémy Cointreau is due to publish its 2017-18 results (April 2017 to March 2018) on 7 June before the market opens. A conference call is scheduled for 10.30 a.m. CET (+33 1 76 77 22 74 or +44 330 336 9105 -code 2448093).On the back of sales (already reported) of € 1,127m (+2.9% reported and +7.2% on an organic basis), we are forecasting underlying 2017-18 EBIT of € 237.7m, up 5.1%, penalised by a negative f...Remy Cointreau is an operator in the global wines and spirits market. Co. produces, markets and distributes Cognac, Liquors and Spirits and other non-group brand alcoholic beverages. Co.'s primary cognac brand is Remy Martin, produced from Petite Champagne and Grande Champagne eaux-de-vie. Co.'s principal liquor and spirits include the following brands: Cointreau, Passoa, Metaxa, St Remy, and Mount Gay. Co. also operates a distribution network that handles products from partners and third-party companies. Major non-group products distributed by Co. include Scotch Whiskies (Edrington brand), Champagne (Piper-Heidsieck and Charles Heidsieck brands) and Vodka.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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