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04.07.25 - 11:54
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French Minister Ferracci: Trade Wars ′Only Make Losers′ (Bloomberg)
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French Minister for Industry and Energy Marc Ferracci said "trade wars only make losers" and "we shouldn't be happy with what was announced today by China." Ferracci's comments came after Beijing imposed anti-dumping duties on European brandy for five years, while exempting major cognac makers that meet a price commitment, such as Remy Cointreau SA, Pernod Ricard SA and LVMH's Hennessy. "We all must find a way to de-escalate this trade war with regards to cognac, but also with regards to all the tariff issues," he tells Bloomberg's Caroline Connan. (Source: Bloomberg)...
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13.06.25 - 18:03
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Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital (Business Wire)
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Article L.233-8 II of the French commercial code and with Article 223-16 of the General Regulation of the Financial markets Authority (AMF – Autorité des marchés Financiers)PARIS--(BUSINESS WIRE)--Regulatory News:
Rémy Cointreau (Paris:RCO):
Code ISIN : FR0000130395
NUMBER OF SHARES AND VOTING RIGHTS on 31 March 2025
Number of shares: 52 160 291
Number of exercisable voting rights: 80 531 743
Number of theoretical voting rights: 80 806 214
French Société anonyme with a capital of 83 456 465.60 euros
Headquarters : rue Joseph Pataa – Ancienne rue de la Champagne – 16100 Cognac
RCS 302 178 892 ANGOULEME Contacts
Rémy Cointreau...
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12.06.25 - 09:15
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Rémy Cointreau: Information on the Total Number of Voting Rights and Shares Forming the Share Capital (Business Wire)
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Article L.233-8 II of the French commercial code and with Article 223-16 of the General Regulation of the Financial markets Authority (AMF – Autorité des marchés Financiers)PARIS--(BUSINESS WIRE)--Regulatory News:
Rémy Cointreau (Paris:RCO):
Code ISIN : FR0000130395
NUMBER OF SHARES AND VOTING RIGHTS on 31 March 2025
Number of shares: 52 160 291
Number of exercisable voting rights: 80 532 322
Number of theoretical voting rights: 80 806 793
French Société anonyme with a capital of 83 456 465.60 euros
Headquarters : rue Joseph Pataa – Ancienne rue de la Champagne – 16100 Cognac
RCS 302 178 892 ANGOULEME Contacts
Rémy Cointreau...
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04.06.25 - 07:36
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Rémy Cointreau: 2024-25 Annual Results (Business Wire)
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Current Operating Profit (organic) at the upper end of the target range: 21.6%
Excellent execution of cost-cutting plan: €85m achieved vs €50m expected
2025-26 objectives: return to organic growth in sales
Withdrawal of 2029-30 targets
Sales: -18.0% on an organic basis
Gross margin: -1.0 pts on an organic basis at 70.6%, (+2.8 pts vs 2019-20)
Sustained, selective investment in marketing and communications: 20.3% of sales
Excellent execution of cost-cutting plan: €85m achieved vs €50m expected
Current Operating Profit (COP): €217.0m or 22.0% margin (-3.5 pts as reported o/w -3.9 pts on an organic basis)
FCF: €19.2m vs €13.8m in 2023-24
2025-26 objectives:
Return to organic growth in sales (mid-single-digits)
COP (excluding impact of tariffs): organic growth between high-single-digits and low double-digits
COP (including €65m maximum impact of potential tariffs1, net of action plans in China and the US): organic decline of mid- to high-teens
2029-30 objectives withdrawn
PARIS--(BUSINESS WIRE...
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28.05.25 - 07:33
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Rémy Cointreau Announce Franck Marilly Arrival as Chief Executive Officer of the Group (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Rémy Cointreau (Paris:RCO):
The Board of Directors is pleased to announce the arrival of Franck Marilly as the Group's Chief Executive Officer. He will take office on June 25, 2025, succeeding Éric Vallat.
With a rich professional background of more than 30 years within renowned luxury and cosmetics groups, such as Chanel, Unilever and the Japanese group Shiseido, Franck Marilly has successfully navigated high-stakes environments, establishing himself as a strategist with leadership based on the ability to unite and transform. His actions have marked crucial stages of the groups for which he was working. Franck Marilly will also bring his solid experience in international management, which is crucial for the global success of the Group, as well as his deep knowledge of its key markets, having lived in numerous European countries as well as in the United States.
Under his leadership, the Group will pursue its value strategy as well as the development and implemen...
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