Remy Cointreau SA (RCOP.PA)
21 Mar 2019
Tue, Jan 22 2019
PARIS French spirits group Remy Cointreau posted stronger-than-expected third quarter sales and struck a confident note over its prospects in China, even as increasing signs of a slowdown in that country have started to hit global markets.
* Q3 sales 348 mln euros, above forecasts (Adds CFO comments, shares, analysts)
PARIS 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 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.
* CEO predicts "very good Chinese New year" performance (Adds CEO comments, further details)
PARIS, Nov 22 French spirits group Remy Cointreau posted a 10.1 percent rise in first-half like-for-like current operating profits, helped by robust demand for its premium cognac in China and by a tight rein on costs.
PARIS French spirits maker Remy Cointreau beat second quarter sales expectations on Friday and said it had seen no slowdown in China, a market that helped power demand for its Remy Martin cognac.
* No slowdown in China, CFO says (Recasts with CFO comments from call, shares, analyst)
PARIS, Oct 19 French spirits company Remy Cointreau said sales growth had accelerated in the second quarter on a like-for-like basis, beating expectations and helped by strong demand for its premium cognac in China and other key Asia-Pacific markets.