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Remy Cointreau SA (RCOP.PA)

RCOP.PA on Paris Stock Exchange

4:35pm GMT
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€-0.90 (-0.79%)
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Fri, Jan 19 2018

UPDATE 2-Remy warns of hit from strong euro, confident on China demand

* Shares down after CFO warns on bigger forex impact (Recasts with CFO forecasts, analysts comment, shares)

BRIEF-Remy Cointreau eyes positive impact from U.S. tax reform

Jan 19 Remy Cointreau CFO Luca Marrotta tells analysts:

Late timing of Chinese New Year weighs on Remy Cointreau Q3

PARIS, Jan 18 French spirits group Remy Cointreau said on Friday that like-for-like sales growth slowed to 3.2 percent in the third quarter, as the late timing of the Chinese New Year and a high year-ago comparison basis weighed on its cognac sales. The Chinese New Year, a key moment for consuming and offering premium drinks, starts on Feb.16 this year, delaying its positive impact on sales to Remy Cointreau's fourth quarter.

UPDATE 3-Remy Cointreau misses profit forecast, shares fall

* Louis XIII cognac/Pharrell Williams pop song tie-up (Adds comments from CEO and fund manager)

BRIEF-Remy Cointreau CEO says "comfortable" with group's portfolio of brands

Nov 23 Remy Cointreau CEO Valerie Chapoulaud Floquet tells a news conference:

Stock spirits dampened by Remy Cointreau profit forecast miss

PARIS French spirits group Remy Cointreau's first-half profits came in slightly short of forecasts on Thursday, knocking its shares off record highs.

BRIEF-Remy Cointreau confident over Chinese New Year prospects

Nov 23 Remy Cointreau CEO Valerie Chapoulaud-Floquet tells a news conference:

Remy Cointreau's H1 profits lifted by demand in China and U.S.

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.

Strong demand from China, U.S. boost Remy Cointreau sales

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.

UPDATE 2-Strong demand from China, U.S. boost Remy Cointreau sales

* Shares down 1.49 pct (Recasts to focus on U.S. emphasis, China trends, outlook, adds shares)

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