Brief: Remy CEO: There are no sacred cows in our portfolio
BRIEF-Remy CEO: There are no sacred cows in our portfolio June 4 (Reuters) - Remy Cointreau SA RCOP.PA CEO Franck Marilly tells analysts in a call:
REMY CEO FRANCK MARILLY: WE WILL FOCUS ADVERTISING SPEND ON FEWER BRANDS AND REGIONS
REMY CEO WE WILL TURN DISTRIBUTION DISRUPTION INTO A GROWTH OPPORTUNITY
REMY CEO:WE WILL EXPAND IN SMALLER SIZE FORMATS
REMY CEO: WE WANT TO DEVELOP NEW OCCASIONS FOR DRINKING COGNAC, CAPTURE NEW DRINKERS
REMY CEO: WE SEE OPPORTUNITIES FOR VSOP COGNAC IN CHINA AND RECRUITING YOUNGER CONSUMERS
REMY CEO: WE WILL EXPAND OUR PRESENCE IN CONVENIENCE STORES IN CHINA AND VENUES TO GROW NON-COGNAC BRANDS
REMY CEO: EMERGING MARKETS UNIT WILL BE ESTABLISHED IN SECOND HALF
REMY CEO: WE ARE ACCELERATING NEW ROUTE TO MARKET MODEL IN INDIA LAUNCHED IN APRIL
REMY CEO: WE SEE OPPORTUNITIES FOR GROWTH IN LATIN AMERICA, ESPECIALLY BRAZIL
REMY CEO: WE ARE ANALYSING IN DEPTH OUR PORTFOLIO, THERE ARE NO SACRED COWS IN OUR PORTFOLIO
Source text: [ID:]
Further company coverage: RCOP.PA
(Reporting By Emma Rumney, Dominique Vidalon)
((dominique.vidalon@thomsonreuters.com;))
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