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Remy Cointreau SA (RCOP.PA)

RCOP.PA on Paris Stock Exchange

120.50EUR
18 Jun 2019
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Latest Key Developments (Source: Significant Developments)

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

Remy Cointreau proposes dividend of 1.65 euros per share
Tuesday, 25 Jul 2017 07:13am EDT 

July 25 (Reuters) - REMY COINTREAU ::PROPOSES DIVIDEND OF EUR 1.65 PER SHARE.GENERAL MEETING DECIDED TO GRANT EVERY SHAREHOLDER OPTION OF RECEIVING PAYMENT OF DIVIDEND IN CASH OR IN SHARES FOR ENTIRE DIVIDEND PAID.DIVIDEND COUPON WILL BE DETACHED ON 1 AUGUST 2017 AND DIVIDEND WILL BE PAYABLE FROM 4 SEPTEMBER 2017.ISSUE PRICE OF NEW SHARE WILL BE EUR 89.93.REQUEST WILL BE MADE TO ADMIT NEW SHARES TO TRADING ON EURONEXT STOCK EXCHANGE, PARIS.  Full Article

Remy CFO says FY 17/18 profit consensus "ambitious" though "achievable"
Thursday, 20 Jul 2017 04:26am EDT 

July 20 (Reuters) - Remy Cointreau CFO Luca Marotta tells a call with analysts::Analysts consensus for FY 17/18 operating profit of 244-245 million euros "quite ambitious" though "still achievable"..CFO says "if operating profit is better than expected, we will reinvest more".  Full Article

Remy Cointreau very positive on China for rest of year - CFO
Thursday, 20 Jul 2017 04:06am EDT 

July 20 (Reuters) - Remy Cointreau CFO Luca Marotta tells analysts:Expects cognac sales to return to growth in america in q2 - cfo.Remy Cointreau is very positive for rest of the year for prospects in china - cfo.  Full Article

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China's thirst for cognac helps Remy Cointreau top profit forecast

PARIS Remy Cointreau handed investors a special dividend payout after reporting a stronger-than-expected 14% rise in annual operating profit, helped by cost cuts and robust demand for its premium cognacs in China.