Q1 update: Sales are up +8% organically (cons. +4.7%) and +9.9% on reported figures (cons. +5.4%) with FX: 1.3% and scope: +0.6%. OG sales by division: Remy Martin +18.7% (cons. +11.7%), Liqueurs & Spirits -1.9% (cons. -2.2%) and Partner Brands -18% (cons. -12.4%). The FY guidance is maintained.
20 Jul 2017
Q1 beat but the rest of the year should be more moderated
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Q1 beat but the rest of the year should be more moderated
Remy Cointreau SA (RCO:WBO) | 0 0 1.4% | Mkt Cap: 5,449m
- Published:
20 Jul 2017 -
Author:
Anna Zyniewicz -
Pages:
2
Q1 update: Sales are up +8% organically (cons. +4.7%) and +9.9% on reported figures (cons. +5.4%) with FX: 1.3% and scope: +0.6%. OG sales by division: Remy Martin +18.7% (cons. +11.7%), Liqueurs & Spirits -1.9% (cons. -2.2%) and Partner Brands -18% (cons. -12.4%). The FY guidance is maintained.