Remy Cointreau : 2019-20 results: no surprises expected in terms of the numbers but the new CEO is due to present his medium-term objectives
>Full-year underlying EBIT not expected to contain any surprises - Remy Cointreau is due to report its FY 2019-20 results on Thursday 4 June before trading. Sales, released end-April, came in at € 1,025m, down 11.2% on an organic basis (9% reported). At the time of this release, the group indicated that it was expecting underlying EBIT to be down by 20% y-o-y in reported terms and 25% on an organic basis. Our underlying EBIT forecast for FY 2019-20, like that of the c...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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