Rémy Cointreau SA (EPA: RCO)

France flag France · Delayed Price · Currency is EUR
55.95
-0.55 (-0.97%)
Nov 21, 2024, 11:24 AM CET
-50.38%
Market Cap 2.93B
Revenue (ttm) 1.19B
Net Income (ttm) 184.80M
Shares Out 51.85M
EPS (ttm) 3.62
PE Ratio 15.61
Forward PE 18.34
Dividend 2.00 (3.54%)
Ex-Dividend Date Jul 24, 2024
Volume 3,100
Open 56.45
Previous Close 56.50
Day's Range 55.75 - 56.80
52-Week Range 52.70 - 116.60
Beta 0.40
Analysts n/a
Price Target n/a
Earnings Date Nov 28, 2024

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands. It operates in Europe... [Read more]

Founded 1724
Employees 1,943
Stock Exchange Euronext Paris
Ticker Symbol RCO
Full Company Profile

Financial Performance

In 2023, Rémy Cointreau's revenue was 1.19 billion, a decrease of -22.89% compared to the previous year's 1.55 billion. Earnings were 184.80 million, a decrease of -37.10%.

Financial Statements

News

Remy to raise cognac prices in China to offset tariffs

Remy Cointreau will raise cognac prices in China to help mitigate the impact of tariffs imposed by Beijing on European Union brandy amid a trade dispute, its finance chief told investors on Friday.

27 days ago - Reuters

European Stocks Fall as Remy, Mercedes Earnings Disappoint

European stocks slipped on Friday, with underwhelming earnings from big names like Remy Cointreau SA and Mercedes-Benz Group AG hitting sentiment as investors assess multiple risk events on the horizo...

27 days ago - BNN Bloomberg

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit percenta...

27 days ago - The Wall Street Journal

Remy Cointreau stock falls amid China tariff news, but deeper issues persist

Remy Cointreau's stock took a sharp hit, falling nearly 8.5% on Tuesday after China announced new anti-dumping tariffs on European brandy imports. However, this is just one of the problems plaguing th...

6 weeks ago - Invezz

Remy Cointreau Pernod Ricard shares surge 8% after China skips brandy tariffs

Shares in Remy Cointreau and Pernod Ricard both up about 8%, after China's Commerce Ministry says will not impose provisional anti-dumping subsidy on brandy imported from EU. This article was written ...

3 months ago - Forexlive

Remy Cointreau too concentrated in cognac, investors say

Remy Cointreau investors say the company needs to diversify further as its reliance on cognac sales in the United States and China leaves it among the worst-hit by a global spirits downturn.

4 months ago - Reuters

Remy Cointreau: A Buy After Its Recent Death Spiral

Remy Cointreau's FY 2024 results were disappointing, leading to a 24% drop in share price since April and 67% below December 2021 high. Despite weak performance in FY 2024, the company's strong operat...

4 months ago - Seeking Alpha

French spirits exports tumble ahead of worsening trade conflict

French spirits sales and exports have dropped sharply this year as consumers continued to cut back spending, the industry lobby said on Thursday, warning that looming trade barriers could further hurt...

5 months ago - Reuters

French cognac makers 'deeply concerned' after EU slaps tariffs on Chinese EVs

French cognac producers are "deeply" worried about the results of a Chinese probe into European cognac imports, a trade body said on Wednesday, after the European Commission imposed tariffs on imports...

5 months ago - Reuters

Rémy Cointreau SA (REMYF) Q4 2024 Earnings Call Transcript

Rémy Cointreau SA (OTCPK:REMYF) Q4 2024 Results Conference Call June 6, 2024 3:00 AM ET Company Participants Marie-Amelie Jacquet - Chairman Eric Vallat - CEO Luca Marotta - CFO Conference Call Partic...

5 months ago - Seeking Alpha

Remy Cointreau's shares rise as investors bet on recovery

Remy Cointreau's shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply.

6 months ago - Reuters

Remy Cointreau: Growth Should Return This Year

Remy Cointreau's portfolio is heavily reliant on cognac sales, which make up 75% of its revenue. The company experienced a decrease in revenue in the first half of the year, with the Americas division...

7 months ago - Seeking Alpha

Remy's shares soar on signs of US, China improvement

Remy Cointreau's shares had their best day in over two decades on Friday, surging as much as 17% after the French spirits maker's commentary on China and the United States helped to lift some of the i...

10 months ago - Reuters

Rémy Cointreau: Third-quarter 2023-24 sales: -23.5% on an organic basis

PARIS--(BUSINESS WIRE)--Regulatory News: Rémy Cointreau (Paris:RCO) generated consolidated sales of €956.6 million in the first nine months of 2023-2024, down -22.7% on an organic basis2 (+16.7% compa...

10 months ago - Business Wire

Remy, Liquor Stocks Plunge as China Launches EU Probe

Remy Cointreau was among the stocks falling the most Friday after China launched an anti-dumping investigation into liquor products from the European Union. Dasha Afanasieva reports on Bloomberg Telev...

11 months ago - Bloomberg Markets and Finance

Remy Cointreau SA (REMYF) Q2 2024 Earnings Call Transcript

Remy Cointreau SA (OTCPK:REMYF) Q2 2024 Earnings Conference Call November 30, 2023 1:30 AM ET Company Participants Marie-Amélie de Leusse - Chairman Éric Vallat - Chief Executive Officer Luca Marotta ...

1 year ago - Seeking Alpha

Remy Slashes Annual Sales Forecast on Weak US Demand

Remy Cointreau SA said it expects organic sales to fall by 15% to 20% this year, pushing shares to a three-year low with the French distiller citing weaker-than-expected US demand for its high-end spi...

1 year ago - Bloomberg Markets and Finance

Rémy Cointreau: Quality Comes At A Price

Remy Cointreau's share price has recovered after a decrease during the COVID pandemic. FY 2023 showed significant improvement, with increased operating profit and net income. FY 2024 is expected to be...

1 year ago - Seeking Alpha

Rémy Cointreau: First-Quarter Sales in Line With Expectations

PARIS--(BUSINESS WIRE)--Regulatory News: Rémy Cointreau (Paris:RCO) generated consolidated sales of €257.5 million in the first quarter of 2023-2024, down -35.0% on an organic basis (+14.3% compared t...

1 year ago - Business Wire

Remy Cointreau SA (REMYF) Q4 2023 Earnings Call Transcript

Rémy Cointreau SA (OTCPK:REMYF) Q4 2023 Earnings Conference Call June 1, 2023 1:30 AM ET Company Participants Marie-Amélie de Leusse - Chairman Eric Vallat - CEO Luca Marotta - CFO Conference Call Par...

1 year ago - Seeking Alpha

Stocks to Watch: Bestway, Fashion Stocks, Remy Cointreau

Bloomberg's Joe Easton has a rundown of the stocks to keep an eye on today, including Bestway Group Ltd., LVMH, and Remy Cointreau SA.

1 year ago - Bloomberg Markets and Finance

Remy Cointreau total sales fall, weighed by weak cognac revenue in the U.S.

Remy Cointreau SA on Friday posted lower sales for the third quarter of fiscal 2023 as consumption trends in the U.S. normalized following years of pandemic-fueled growth.

1 year ago - Market Watch

Rémy Cointreau Commits to Increasing the Circularity of Its Bottles With the #OneBottleForEternity Project

The glass bottle is infinitely reusable. Based on this premise, the Rémy Cointreau Group (Paris:RCO) has been working for several years now on its “One Bottle for Eternity” project, which aims to incr...

2 years ago - Business Wire

Rémy Cointreau: Excellent First Half

PARIS--(BUSINESS WIRE)--Regulatory News:

2 years ago - Business Wire

Rémy Cointreau Shows Strong Sales Over First Half Of 2022, Led By A Big Cognac Boom

Cognac captured the American market as sales of the bottle grew 22.4% over six months.

2 years ago - Forbes