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RCO — Remy Cointreau SA News Story

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Brief: Remy Cointreau CEO: growing sales volume is top priority

Nov 27 (Reuters) - Remy Cointreau SA RCOP.PA CEO Franck Marilly tells analysts:

CEO : WE NEED TO BE LESS DOGMATIC ON PRICING

CEO :  WE NEED TO IMPROVE CASH GENERATION INCLUDING BY REDUCING EAU DE VIE PURCHASES

CEO :  WORKING ON A PROJECT FOR REMY MARTIN TO ALLOW THE BRAND TO HAVE BROADER APPEAL IN THE U.S.

CEO :  WE NEED TO GROW VOLUME, THIS IS THE TOP PRIORITY

CEO :  MY NUMBER ONE OBJECTIVE IS TO DRIVE THE TOP LINE, GROW THE VOLUME, INCLUDING BY PRICE CHANGES

CEO :  GROWNG OUR VOLUME WILL GROW OUR CASH, OPTIMIZING A&P IS KEY

CEO : PRICE CHANGES WILL IMPACT MARGIN, BUT NOT PLANNING DRAMATIC PRICE REDUCTION

CEO :  WE ARE CONSIDERING  PORTFOLIO DISPOSALS

Source text: [ID:]

Further company coverage: RCOP.PA

 (Reporting By Dominique Vidalon, Emma Rumney)

 ((dominique.vidalon@thomsonreuters.com;))

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