Remy Cointreau : 9-month sales boosted by the Chinese New Year
>Pace of growth difficult to maintain in the medium term - The group remains very upbeat on growth in cognac despite depletions (sales by wholesalers to retailers) falling in the third quarter in the US. There is no sign of a slowdown in cognac sales in China and the end to the current year will probably be strong despite a high base of comparison (cognac +18.3% l-f-l in Q4Â 2017-18).2018-19 therefore will be the third year of double-digit growth in cognac sales (...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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