Remy Cointreau : H1 2020-21 to be difficult, but rebound expected in H2
>Overview in trends in main markets - Following the release of its 2019-20 sales (closing at end-March), Rémy Cointreau’s CFO spoke during the conference call about the trends in the group’s main markets. In China, the reopening of on-trade channels (45% of sales) is very gradual, while e-commerce (20% of sales i.e. more than one-third of off-trade sales) is very dynamic (double-digit growth in Q4 and in April). The group is expecting destocking effects in Q1 and we ...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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