Remy Cointreau SA (RCOP.PA)
24 May 2019
Wed, Apr 24 2019
PARIS French spirits company Remy Cointreau expressed confidence over its growth prospects in China, where robust demand for its premium cognac underpinned annual sales growth.
* Shares flat, but up over 20 pct so far in 2019 (Adds CFO comments from call, shares, analyst)
PARIS, April 24 French spirits company Remy Cointreau reported higher annual sales and kept its target for profit growth for the full year, although demand for its premium cognac slowed down in China during the final quarter.
* Q3 sales 348 mln euros, above forecasts (Adds CFO comments, shares, analysts)
PARIS, Jan 22 Remy Cointreau's shares fell on Tuesday, surrendering early gains made at the start of trading, as analysts cited concerns over the outlook for China - a key market for the French spirits company.
PARIS, Jan 22 French spirits group Remy Cointreau reported stronger-than-expected third quarter revenues, as the early timing of the Chinese New Year boosted premium cognac sales while demand was also robust in the United States.