Report
Pierre Tegner

Rémy Cointreau : CA T3 en ligne avec le Cognac à -11% en lfl

>PE >30x - Sous-performance maintenue avec un OC de 105 €. Nous continuons d’avoir une vue relativement positive sur le management et la stratégie de LT (valorisation du portefeuille de cognac et diversification dans les spiritueux super premium). Si Rémy Cointreau est historiquement un titre qui affiche une valorisation élevée, le PE >30x sur l’exercice prochain continue d’alimenter notre prudence sur le titre. Le CA du T3 est en ligne avec nos attentes et avec ...
Underlying
Remy Cointreau SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Pierre Tegner

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