Rémy Cointreau SA (RCO.PA)
| Previous close | 91.70 |
| Open | 97.35 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 95.00 - 98.55 |
| 52-week range | 86.98 - 168.65 |
| Volume | |
| Avg. volume | 91,116 |
| Market cap | 4.885B |
| Beta (5Y monthly) | 0.35 |
| PE ratio (TTM) | 26.64 |
| EPS (TTM) | 3.60 |
| Earnings date | 06 Jun 2024 |
| Forward dividend & yield | 2.00 (2.18%) |
| Ex-dividend date | 28 Sept 2023 |
| 1y target est | 113.60 |
- Reuters
UPDATE 2-Chinese cognac sales drive Remy Cointreau to Q4 sales beat
Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday, saying "significant growth" in China helped drive performance at its cognac division well above analysts' expectations. Remy, which makes over 70% of its sales from cognacs such as Remy Martin, has been grappling with difficult conditions in its two major markets, China and the United States, forcing it to cut its full-year forecast in October. Analysts had been expecting it to post a 3.4% decline in organic sales in the three months to end-March, with flat cognac sales at 0.5%.
ReutersChinese cognac sales drive Remy Cointreau to Q4 sales beat
LONDON (Reuters) -Remy Cointreau reported a far smaller-than-expected fall in fourth-quarter sales on Friday, saying "significant growth" in China helped drive performance at its cognac division well above analysts' expectations. Remy, which makes over 70% of its sales from cognacs such as Remy Martin, has been grappling with difficult conditions in its two major markets, China and the United States, forcing it to cut its full-year forecast in October. Analysts had been expecting it to post a 3.4% decline in organic sales in the three months to end-March, with flat cognac sales at 0.5%.
Business WireRémy Cointreau: FY 2023-24 sales: -19.2% on an organic basis
PARIS, April 26, 2024--Regulatory News: Rémy Cointreau (Paris:RCO) reported 2023-24 sales of €1,194.1 million, down -19.2% on an organic basis1 (+16.2% compared to 2019-20). On a reported basis, sales were down -22.9%, including a negative currency effect of -3.7%, due primarily to trends in the renminbi and the US dollar.
