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Remy Cointreau SA (RCOP.PA)

RCOP.PA on Paris Stock Exchange

134.40EUR
19 Jul 2019
Change (% chg)

€3.00 (+2.28%)
Prev Close
€131.40
Open
€132.60
Day's High
€135.00
Day's Low
€132.50
Volume
126,139
Avg. Vol
88,022
52-wk High
€135.00
52-wk Low
€94.15

Latest Key Developments (Source: Significant Developments)

Remy Cointreau still eyes double-digit sales growth in China - CFO
Thursday, 18 Jul 2019 04:00am EDT 

July 18 (Reuters) - Remy Cointreau SA CFO Luca Marotta tells analysts during a call::CFO SAYS WE ARE ABSOLUTELY CALM ABOUT OUR SALES ACCELERATION IN GREATER CHINA AND IN ASIA PACIFIC, GUIDANCE FOR CHINA IS DOUBLE-DIGIT GROWTH IN SALES IN FY.CFO REITERATES GROUP WILL INCREASE ITS PRICES IF U.S. RAISES TARIFFS ON IMPORTED SPIRITS.CFO SAYS "TOO EARLY" TO DISCUSS MARKET CONSENSUS ON OPERATING PROFIT FOR THE YEAR, WILL SHARE VISION ON THAT IN NOVEMBER.  Full Article

Remy Cointreau: CEO Valerie Chapoulaud-Floquet To Step Down
Tuesday, 9 Jul 2019 02:00am EDT 

July 9 (Reuters) - REMY COINTREAU SA ::UPCOMING CHANGES IN THE GOVERNANCE OF THE REMY COINTREAU GROUP.VALERIE CHAPOULAUD-FLOQUET WILL STEP DOWN AS CHIEF EXECUTIVE OFFICER, FOR PERSONAL REASONS, BY END OF YEAR 2019.CHAPOULAUD-FLOQUET WILL EXERCISE HER MANDATE UNTIL ARRIVAL OF HER SUCCESSOR.  Full Article

Remy Cointreau targets higher capex in next two years
Thursday, 6 Jun 2019 05:18am EDT 

June 6 (Reuters) - Remy Cointreau SA ::CFO SAYS FY 19/20 AND FY 20/21 WILL BE TWO YEARS OF BIG CAPITAL INVESTMENT FOR THE COMPANY.CFO EYES CAPEX OF 80-90 MILLION EUROS EACH YEAR IN FY 19/20 AND FY 20/21 .REMY COINTREAU CEO SAYS CONSUMPTION TRENDS ARE THERE IN THE TWO KEY MARKETS OF CHINA AND U.S..CEO SAYS WILL INCREASE ITS PRICES IF THRE IS A RISE IN U.S. TARIFFS BUT NO CLUES YET AS TO WHETHER THIS WILL HAPPEN.  Full Article

Remy Cointreau To Acquire Maison De Cognac JR Brillet
Wednesday, 29 May 2019 11:45am EDT 

May 29 (Reuters) - REMY COINTREAU SA ::OFFER BY RÉMY COINTREAU TO ACQUIRE THE MAISON DE COGNAC JR BRILLET.HAVING ENTERED INTO EXCLUSIVE NEGOTIATIONS WITH BRILLET.ENTERED INTO EXCLUSIVE NEGOTIATIONS WITH BRILLET FAMILY WITH INTENTION OF ACQUIRING MAISON DE COGNAC JR BRILLET AND PART OF ITS VINEYARD ESTATE.NEGOTIATIONS WITH INTENTION OF ACQUIRING MAISON DE COGNAC JR BRILLET AND PART OF ITS VINEYARD ESTATE.SIGNING OF DEEDS OF ACQUISITION SHOULD TAKE PLACE IN FALL 2019.  Full Article

Remy CFO ok with consensus for FY 18/19 operating profit growth
Thursday, 7 Jun 2018 05:47am EDT 

June 7 (Reuters) - Remy Cointreau SA CFO Luca Marotta tells analyts::CFO SAYS IS "OK" WITH ANALYSTS CONSENSUS FOR FY 18/19 CURRENT OPERATING PROFIT GROWTH OF 12-13 PERCENT AT CONSTANT FOREX, SCOPE.CFO SAYS EXPECT FOREX IMPACT ON CURRENT OPERATING PROFIT OF SOME 17 MILLION EUROS FOR FY 18/19.CEO VALERIE CHAPOULAUD-FLOQUET SAYS VERY CONFIDENT OVER CHINA, EYEING LOW DOUBLE DIGIT SALES GROWTH IN CHINA IN FY 18/19.  Full Article

Remy Cointreau Appoints Philippe Farnier CEO Of The House Of Rémy Martin
Tuesday, 3 Apr 2018 12:00pm EDT 

April 3 (Reuters) - REMY COINTREAU SA ::PHILIPPE FARNIER, THE CURRENT CEO OF THE AMERICAS REGION, IS APPOINTED CEO OF THE HOUSE OF RÉMY MARTIN, HE WILL ALSO HAVE RESPONSIBILITY FOR THE RÉMY MARTIN AND LOUIS XIII BRANDS.IAN MCLERNON, THE CURRENT CEO OF THE GLOBAL TRAVEL RETAIL DIVISION, IS THUS APPOINTED CEO OF THE AMERICAS REGION.DAVID ENNES BECOMES CEO OF GLOBAL TRAVEL RETAIL IN ADDITION TO HIS CURRENT RESPONSIBILITIES AS CEO OF THE ASIA REGION.JEAN-DENIS VOIN, CEO OF THE LIQUEURS AND SPIRITS DIVISION, WILL ADD THE MOUNT GAY RUM BRAND TO HIS PORTFOLIO.  Full Article

Remy Cointreau CEO says "comfortable" with group's portfolio of brands
Thursday, 23 Nov 2017 04:19am EST 

Nov 23 (Reuters) - Remy Cointreau CEO Valerie Chapoulaud Floquet tells a news conference::Very confident over inventory levels, Louis XIII cognac has a plan with a 50 year horizon.Says "comfortable" with group' current portfolio of brands.  Full Article

Remy Cointreau confident over Chinese New Year prospects
Thursday, 23 Nov 2017 03:20am EST 

Nov 23 (Reuters) - Remy Cointreau CEO Valerie Chapoulaud-Floquet tells a news conference::Says Chinese market confirming rebound, mid-Autumn festival was excellent for all brands, expects good Chinese New Year in February..Says Remy Martin cognac sales growing double digit in U.S., "very confident" over cognac prospects in U.S in H2..  Full Article

Remy Cointreau says China performance can improve further over 3-5 years
Tuesday, 17 Oct 2017 04:07am EDT 

Oct 17 (Reuters) - Remy Cointreau Chief Financial Officer Luca Marotti::Says on conference call that the negative foreign exchange impact on net group results, when modelled on a yearly basis, will be around 7 to 8 million euros ($9.42 million).Says China can improve performance over the next three to five years, though not necessarily "in a straight line".Says aiming in the medium term to increase annual advertising spend at a higher pace than sales growth.  Full Article

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Remy Cointreau confident on China after weak start of year

PARIS French spirits group Remy Cointreau on Thursday expressed confidence revenue would rise in the second quarter after a weak start to the year and said that it could deliver double-digit sales growth in China.