Report
Arnaud Autier ...
  • Pierre Tegner

Rémy Cointreau : Message rassurant pour une reprise de la croissance groupe courant FY 24/25e

>Surperformance maintenue et OC inchangé à 129 € - Nous maintenons notre opinion à Surperformance sur le titre et notre OC à 129 €. La valorisation du titre est attrayante et, bien que les performances opérationnelles devraient rester négatives sur l’exercice FY 23/24e, il semble que le vent soit en train de changer. Il n’est pas certain que les prochains trimestres marquent le retour à la croissance du groupe, mais ils devraient afficher une amélioration séquentielle...
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
Arnaud Autier

Pierre Tegner

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