Remy Cointreau SA (RCOP.PA)
Thu, Nov 23 2017
* Louis XIII cognac/Pharrell Williams pop song tie-up (Adds comments from CEO and fund manager)
Nov 23 Remy Cointreau CEO Valerie Chapoulaud Floquet tells a news conference:
PARIS French spirits group Remy Cointreau's first-half profits came in slightly short of forecasts on Thursday, knocking its shares off record highs.
Nov 23 Remy Cointreau CEO Valerie Chapoulaud-Floquet tells a news conference:
PARIS, Nov 23 French spirits group Remy Cointreau posted an 11.8 percent rise in first-half like-for-like current operating profits, helped by robust demand for its premium cognac in China and in the United States.
PARIS Remy Cointreau on Tuesday said demand in the United States and China for its luxury cognacs helped to boost second-quarter sales, but the drinks group kept market expectations in check for the rest of the year.
* Shares down 1.49 pct (Recasts to focus on U.S. emphasis, China trends, outlook, adds shares)
* GENERAL MEETING DECIDED TO GRANT EVERY SHAREHOLDER OPTION OF RECEIVING PAYMENT OF DIVIDEND IN CASH OR IN SHARES FOR ENTIRE DIVIDEND PAID
PARIS Remy Cointreau struck a cautious note on its profit outlook due to planned investments on Thursday, although the French drinks company exceeded market forecasts with its first-quarter sales.
* Q1 group sales up 8 pct l-f-l vs est. 4.7 pct (Recasts with CFO comments, shares)