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28.11.24 - 11:21
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Remy Cointreau rises as hopes on US trends outshine gloomy outlook (Reuters EN)
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BUZZ-Remy Cointreau rises as hopes on US trends outshine gloomy outlook ** Shares in Remy Cointreau RCOP.PA rise 5.8% in very wobbly trade as hopes on U.S. trends reversal outshine the below-expectations FY outlook ** Remy's H1 oper profit falls 17.6% LFL, less than feared, but the spirits maker sees worse-than-expected FY organic sales (-15% to -18%), and organic current oper margin of between 21%-22% ** Asked about the wobbly trade, Bernstein analyst Trevor Stirling describes a massive tension...
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28.11.24 - 07:55
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Cost cuts help Remy Cointreau limit H1 profit drop as tariffs loom (Reuters EN)
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UPDATE 1-Cost cuts help Remy Cointreau limit H1 profit drop as tariffs loom Adds details from statement By Dominique Vidalon PARIS, Nov 28(Reuters) - Remy Cointreau RCOP.PA said first-half operating profit fell less than feared despite lower sales, thanks mostly to cost cuts, providing some relief to the embattled spirits maker facing tariffs in its key U.S....
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