Rémy Cointreau : Pas de taxes préliminaires, pour lors, sur le cognac en Chine
>Surperformance maintenue avec un OC conservé à 105 € - Nous maintenons notre opinion Surperformance et laissons notre OC inchangé à 105 €. Le manque de visibilité aux USA et en Chine, qui concentrent plus de 60% du CA groupe, devraient encore peser sur la performance du titre. Mais avec la reprise du marché du cognac et la poursuite de la stratégie de diversification du groupe vers les liqueurs & spiritueux (L&S), nous pensons que 19x de PE NTM offre une opportunité ...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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