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RemyCointreau

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Reuters - vor 18 Stunden

Campari slumps after Q3 miss, drags peers

BUZZ-Campari slumps after Q3 miss, drags peers ** Shares in Italy's Campari CPRI.MI fall about 14%, to their lowest price in over 4 years, after the spirits maker missed Q3 forecasts with an 18.2% drop in Q3 operating profit ** The Aperol maker's Q3 sales fall 1.4% to 753 mln euros ($816.33 mln), significantly below Visibla Alpha consensus of 832 mln euros ** J.P.
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Reuters - vor 1 Tag

Campari's third-quarter operating profit drops 18%

UPDATE 1-Campari's third-quarter operating profit drops 18% Recasts, adds details from statement MILAN, Oct 29 (Reuters) - Campari CPRI.MI missed forecasts on Tuesday with an 18.2% drop in third-quarter operating profit and the Italian spirits maker warned its fourth-quarter results would be hit by lower production volume and an unfavourable sales mix.
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Reuters - vor 3 Tagen

UK motor finance ruling hits exposed lenders, analysts crunch numbers

LIVE MARKETS-UK motor finance ruling hits exposed lenders, analysts crunch numbers STOXX 600 down 0.1% Airline stocks higher Oil names drop on lower crude Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com UK MOTOR FINANCE RULING HITS EXPOSED LENDERS, ANALYSTS CRUNCH NUMBERS Investors are punishing UK bank stocks with exposure to motor finance for a second ses
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Reuters - vor 3 Tagen

EU beverages may be facing a nasty hangover on Nov. 6

LIVE MARKETS-EU beverages may be facing a nasty hangover on Nov. 6 STOXX 600 down 0.1% Airline stocks higher Oil names drop on lower crude Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EU BEVERAGES MAY BE FACING A NASTY HANGOVER ON NOV.
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Reuters - vor 3 Tagen

Glencore, Knaus Tabbert, LSE

EUROPE RESEARCH ROUNDUP- Glencore, Knaus Tabbert, LSE Oct 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Glencore, Knaus Tabbert and LSE, on Monday. HIGHLIGHTS * Glencore Plc GLEN.L : HSBC raises to buy from hold * Knaus Tabbert AG KTAG.DE : Jefferies cuts to hold from buy * LSE LSEG.L : RBC raises target price to 11,600p from 11,000p * Suzano SUZB3.SA : HSBC raises to buy from hold * Veolia VIE.PA : RBC initiates coverage with
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Reuters - vor 6 Tagen

Remy to raise cognac prices in China to offset tariffs

UPDATE 1-Remy to raise cognac prices in China to offset tariffs Adds details, CFO quotes throughout PARIS/LONDON, Oct 25 (Reuters) - Remy Cointreau RCOP.PA will raise cognac prices in China to help mitigate the impact of tariffs imposed by Beijing on European Union brandy amid a trade dispute, its finance chief told investors on Friday. China imposed provisional tariffs on brandy from the European Union earlier this month, days after the 27-member bloc voted for tariffs on Chinese-made EVs.
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Reuters - vor 6 Tagen

European shares end week in the red as earnings disappoint

UPDATE 2-European shares end week in the red as earnings disappoint Mercedes car earnings plunge as China shuns luxury Electrolux slides on US woes, Chinese competition Signify shares soar as largely in-line Q3 provides relief Updated at 1603 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 25 (Reuters) - Europe's main stock index closed Friday's choppy session flat and notched weekly losses , as a handful of weak corporate earnings from auto-related companies such as Mercedes-Benz a
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Reuters - vor 6 Tagen

Remy to raise cognac prices in China to offset tariffs

Remy to raise cognac prices in China to offset tariffs PARIS/LONDON, Oct 25 (Reuters) - Remy Cointreau RCOP.PA will raise cognac prices in China to help mitigate the impact of tariffs imposed by Beijing on European Union brandy amid a trade dispute, CFO Luca Marotta told investors on Friday. Reporting by Dominque Vidalon in Paris and Emma Rumney in
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Reuters - vor 6 Tagen

Remy Cointreau seen down after guidance cut, Q2 miss

BUZZ-Remy Cointreau seen down after guidance cut, Q2 miss ** Remy Cointreau RCOP.PA shares are seen down 3-5% as the French spirits maker no longer forecasts a gradual FY sales recovery, after quarterly sales fell more than expected ** Remy sees a double-digit fall in organic sales for the year, also impacting its profit margin ** Remy's Q2 sales fall 16.1% to 318 million euros ($344 million), below 15.4% drop cited in company consensus ** J.P.
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Reuters - vor 6 Tagen

Europe before the bell: busy earnings, China gets the blame

LIVE MARKETS-Europe before the bell: busy earnings, China gets the blame Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john@thomsonreuters.com EUROPE BEFORE THE BELL: BUSY EARNINGS, CHINA GETS THE BLAME Futures are pointing to a fairly flat open at the index level, but with another busy day of earnings, it's really all about the single stocks.
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Reuters - vor 6 Tagen

Remy abandons hopes for sales recovery as problems mount

UPDATE 4-Remy abandons hopes for sales recovery as problems mount Remy Cointreau expects double-digit sales decline for 2024/25 Beijing's tariffs on EU brandy imports add to challenges Announces 50 million euro cost-cutting plan Adds CFO quotes in paragraphs 5-6; analyst quotes in paragraphs 8-9; updates shares in paragraph 10 By Dominique Vidalon and Emma Rumney PARIS/LONDON, Oct 25 (Reuters) - Remy Cointreau RCOP.PA slashed its full-year guidance on Friday, delaying its recovery from persisten
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Reuters - vor 6 Tagen

Remy Cointreau Sees Double-Digit Decline In 2024-25 Organic Sales

BRIEF-Remy Cointreau Sees Double-Digit Decline In 2024-25 Organic Sales Oct 25 (Reuters) - Remy Cointreau SA RCOP.PA : Q2 GROUP SALES EUR 318.0 MILLION, -16.1% ORGANICALLY (COMPANY CONSENSUS EUR 318.4 MILLION, -15.3%) 2024-25 GUIDANCE ADJUSTED: DOUBLE-DIGIT SALES DECLINE IN ORGANIC TERMS Q2 COGNAC SALES EUR 206.9 MILLION (COMPANY CONSENSUS EUR 212.
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Reuters - vor 6 Tagen

Remy Cointreau cuts sales outlook as US, China weigh on Q2

Remy Cointreau cuts sales outlook as US, China weigh on Q2 PARIS, Oct 25 (Reuters) - French spirits maker Remy Contreau RCOP.PA on Friday warned it no longer expected sales to gradually recover in full year 2024/25 after it reported a worse-than-expected fall in quarterly sales amid worsening market conditions in China. The company producing Remy Martin cognac and Cointreau liqueur said it now expected a double-digit fall in organic sales for the year, also impacting its profit margin.
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Reuters - vor 3 Wochen

In France's Cognac, Beijing and Brussels' EV spat spells disaster

In France's Cognac, Beijing and Brussels' EV spat spells disaster China's anti-dumping measures hit French brandy Cognac producers fear industry sacrificed for Europe car sector EU-China tariff dispute is double-whammy for EV dealership in Cognac By Sybille de La Hamaide COGNAC, France, Oct 11 (Reuters) - In this grape-growing region of western France, where brandy producers are fretting over the fallout from a trade dispute between the European Union and China, Christophe Bouetard is more worri
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Reuters - vor 3 Wochen

China says anti-dumping move on EU brandy is legitimate trade measure

RPT-UPDATE 1-China says anti-dumping move on EU brandy is legitimate trade measure Repeats with no change to text BEIJING, Oct 9 (Reuters) - China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said on Wednesday, a day after imposing the temporary curb. French brands such as Hennessy and Remy Martin will face the strictures, adopted just days after the 27-nation bloc voted for tariffs on Chinese-made electri
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Reuters - vor 3 Wochen

China says anti-dumping move on EU brandy is legitimate trade measure

RPT-UPDATE 1-China says anti-dumping move on EU brandy is legitimate trade measure Repeats to more subscribers BEIJING, Oct 9 (Reuters) - China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said on Wednesday, a day after imposing the temporary curb. French brands such as Hennessy and Remy Martin will face the strictures, adopted just days after the 27-nation bloc voted for tariffs on Chinese-made electric v
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Reuters - vor 3 Wochen

Imperial Brands, Kingfisher, Nestle SA

EUROPE RESEARCH ROUNDUP-Imperial Brands, Kingfisher, Nestle SA Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Imperial Brands , Kingfisher and Nestle SA, on Wednesday. HIGHLIGHTS * Aixtron AIXGn.DE : Deutsche Bank cuts to hold from buy * ING INGA.AS : Deutsche Bank cuts to hold from buy * Imperial Brands IMB.L : JP Morgan raises target price to 2,600p from 2,250p * Kingfisher KGF.L : HSBC raises target price to 360p from 305
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Reuters - vor 3 Wochen

China says anti-dumping move on EU brandy is legitimate trade measure

UPDATE 1-China says anti-dumping move on EU brandy is legitimate trade measure Adds details throughout BEIJING, Oct 9 (Reuters) - China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said on Wednesday, a day after imposing the temporary curb. French brands such as Hennessy and Remy Martin will face the strictures, adopted just days after the 27-nation bloc voted for tariffs on Chinese-made electric vehicles
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Reuters - vor 3 Wochen

Defensive sectors prop up Europe's STOXX 600 as China jitters persist

Defensive sectors prop up Europe's STOXX 600 as China jitters persist For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 9 (Reuters) - European stocks eked out gains on Wednesday, aided by defensive sectors, as uncertainty around China's stimulus plans kept the mood subdued ahead of key U.S.
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Reuters - vor 3 Wochen

EU says it will 'robustly challenge' China's targeting of brandy at WTO

EU says it will 'robustly challenge' China's targeting of brandy at WTO BRUSSELS, Oct 8 (Reuters) - The European Union will strongly challenge at the World Trade Organisation (WTO) a decision by China to impose temporary anti-dumping measures on imports of brandy from the EU. "Abuse of trade defence for inappropriate reasons is a clear breach of WTO rules.
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