Brief: Remy Cointreau Reduces FY Organic Current Operating Profit Decline Outlook

Remy Cointreau SA

25/07/2025 06:30

July 25 (Reuters) - Remy Cointreau SA RCOP.PA:

Q1 SALES EUR 220.8 MILLION, +5.7% Y/Y ORGANICALLY (CONSENSUS COMPILED BY COMPANY: EUR 213.9 MILLION; +2.3%)

Q1 COGNAC SALES EUR 131.3 MILLION, +1.3% Y/Y ORGANICALLY (CONSENSUS: EUR 130.7 MILLION; +0.5%)

CUTS MAXIMUM EXPECTED TOTAL NET IMPACT OF POTENTIAL CHINA, US TARIFFS TO 45 MILLION EUROS (PREV. EUR 65 MILLION)

FOLLOWING REDUCED TARIFFS IMPACT ESTIMATIONS, HAS OPTED TO REALLOCATE PART OF ITS INVESTMENTS, PARTICULARLY IN CHINA

REDUCES FY ORGANIC CURRENT OPERATING PROFIT DECLINE OUTLOOK TO MID-TO-HIGH-SINGLE-DIGITS (PREV: MID-TO-HIGH-TEENS)

ORGANIC SALES GROWTH FY OUTLOOK CONFIRMED

SEES RETURN TO ORGANIC GROWTH IN H2

SEES NEGATIVE FOREX IMPACT OF EUR 50-60 MILLION ON FY SALES

Source text: ID:nBw9FPztda

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 (Gdansk Newsroom)

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