Brief: Remy Cointreau FY Current Operating Profit At €165.4 Mln
BRIEF-Remy Cointreau FY Current Operating Profit At €165.4 Mln June 4 (Reuters) - Remy Cointreau SA RCOP.PA:
FY SALES €935.3 MLN, DOWN 5% YOY (COMPANY-COMPILED CONSENSUS: €938 MLN)
FY CURRENT OPERATING PROFIT €165.4 MILLION, DOWN 23.8% YOY (COMPANY-COMPILED CONSENSUS: €163.5 MILLION)
FY CURRENT OPERATING PROFIT DOWN 11.5% ON ORGANIC BASIS AS GROSS MARGIN DECLINED ON CUSTOM DUTIES, PRICE MIX AND PRODUCTION COSTS
FY NET MARGIN 8.4%
FY FREE CASH FLOW €53.8 MLN
END-MARCH NET DEBT €690.4 MILLION
FY OUTLOOK: RETURN TO SUSTAINABLE ORGANIC SALES GROWTH
FY OUTLOOK: SLIGHT ORGANIC IMPROVEMENT IN CURRENT OPERATING MARGIN, INTEGRATING €20 MILLION IN CUSTOMS DUTIES
FY OUTLOOK: TO MAINTAIN LEVERAGE BELOW 3.5X
FY OUTLOOK: NEGATIVE CURRENCY EFFECT OF €15-20 MLN ON SALES, €5-8 MLN ON CURRENT OPERATING PROFIT
2028-29 OUTLOOK: TO GENERATE AROUND €100 MILLION OF VALUE CREATION VERSUS 2025-26, AT COP LEVEL
Source text: ID:nNDLbzcQ83
Further company coverage: RCOP.PA
(Gdansk Newsroom)
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