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China will not impose anti-dumping measures on EU brandy for now

QUOTES-China will not impose anti-dumping measures on EU brandy for now Adds Remy Cointreau quote LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks. The statement left open the possibility of future action after its commerce ministry said it had found European distillers had been selling brandy i
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Spirits makers exposed to China's EU brandy probe

FACTBOX-Spirits makers exposed to China's EU brandy probe Recasts with China decision, adds potential tariffs per brands Aug 29 (Reuters) - China s aid on Thursday it would not impose provisional tariffs on brandy imported from the European Union for now, leaving open the possibility that it may act at some time in the future. It had launched an anti-dumping investigation i n January , a step that appeared to be mainly targeted at France.
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China will not impose anti-dumping measures on EU brandy for now

UPDATE 7-China will not impose anti-dumping measures on EU brandy for now China found EU brandy sold below market prices EU Commission says probe will not affect EV duties decision French spirit makers' shares rise Concerns over future tariffs remain Proposed provisional duties better than feared, Citi says Adds Remy Cointreau comment in paragraph 21 By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on b
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China will not impose anti-dumping measures on EU brandy, for now

QUOTES-China will not impose anti-dumping measures on EU brandy, for now Adds Pernod and spiritsEUROPE comment LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks.
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China will not impose anti-dumping measures on EU brandy, for now

QUOTES-China will not impose anti-dumping measures on EU brandy, for now LONDON, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks. Here are some reactions to the news: FRENCH COGNAC ASSOCIATION BUREAU NATIONAL INTERPROFESSIONNEL DU COGNAC "We understand that the duties that could be applied to our produ
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Shares of European spirits makers jump as China drops provisional brandy measures

UPDATE 2-Shares of European spirits makers jump as China drops provisional brandy measures Adds analyst comments, updates share moves By Alessandro Parodi and Ozan Ergenay Aug 29 (Reuters) - Shares in French spirits makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA rallied on Thursday after China's commerce ministry said it will not immediately impose provisional anti-dumping measures on brandy imported from the European Union.
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China will not impose anti-dumping measures on EU brandy, for now

CORRECTED-UPDATE 4-China will not impose anti-dumping measures on EU brandy, for now Correcting EU dairy export data in paragraph 14 By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI, Aug 29 (Reuters) - Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to breathe in tense trade talks.
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European spirits makers jump after China drops provisional brandy measures

European spirits makers jump after China drops provisional brandy measures Aug 29 (Reuters) - Shares in French spirit makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA rose about 8% early on Thursday after China's commerce ministry said it will not impose provisional anti-dumping measures on brandy imported from the European Union. Trade in Italy's Campari CPRI.MI was automatically halted in Milan after rising 4.5%.
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Adyen NV, Beazley, Nel ASA

EUROPE RESEARCH ROUNDUP-Adyen NV, Beazley, Nel ASA Aug 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen NV, Beazley and Nel ASA, on Friday. HIGHLIGHTS * Adyen NV ADYEN.AS : TD Cowen raises target price to EUR 1,620 from EUR 1,618 * Beazley BEZG.L : HSBC raises target price to 780p from 665p * Diageo DGE.L : HSBC cuts target price to 3,000p from 3,300p * Nel ASA NEL.OL : Berenberg cuts to hold from buy * ThyssenKrupp Nucera
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Italy - Factors to watch on Aug. 16

Italy - Factors to watch on Aug. 16 The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY Bank of Italy releases June data on public finances, state borrowing and debt.
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Bakkavor, Drax Group, Greggs

EUROPE RESEARCH ROUNDUP- Bakkavor, Drax Group, Greggs Aug 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bakkavor, Drax Group and Greggs on Monday. HIGHLIGHTS * Bakkavor BAKK.L : HSBC raises target price to 170p from 150p * Drax Group Plc DRX.L : HSBC raises target price to 600p from 500p * Greggs GRG.L : HSBC cuts to hold from buy * Pennon Group PNN.L : Barclays cuts to equal-weight from overweight * United Utilities UU.L : Bar
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Danske Bank, Greggs, HSBC

EUROPE RESEARCH ROUNDUP-Danske Bank, Greggs, HSBC Aug 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Greggs, and HSBC, on Thursday. HIGHLIGHTS * Danske Bank DANSKE.CO : HSBC raises target price to DKK 258 from DKK 257 * Greggs GRG.L : Berenberg raises target price to 3600p from 3340p * HSBC HSBA.L : Berenberg raises target price to 870p from 830p * Kardex Holding AG KARN.S : Berenberg raises target price to CHF 260
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Bodycote, Croda, Spectris

EUROPE RESEARCH ROUNDUP- Bodycote, Croda, Spectris July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bodycote, Croda and Spectris, on Wednesday. HIGHLIGHTS * Bodycote Plc BOY.L : HSBC cuts target price to 940p from 950p * Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 464 from CHF 470 * Croda CRDA.L : HSBC cuts target price to 4400p from 4800p * Spectris Plc SXS.L : JP Morgan raises target price to 2,950p fr
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Italy - Factors to watch on July 31

Italy - Factors to watch on July 31 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY ISTAT releases May industry sales data (0800 GMT); July CPI flash data (0900 GMT) June producer prices data (1000 GMT).
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Campari CEO says integration with Courvoisier is going well

BRIEF-Campari CEO says integration with Courvoisier is going well July 30 (Reuters) - Davide Campari Milano NV CPRI.MI Chief Executive Matteo Fantacchiotti tells analysts in a post-earnings call: INTEGRATION WITH COURVOISIER IS GOING WELL, H2 IS GOING TO BE A TRANSITION PERIOD FOR COURVOISIER UNLESS SOMETHING EXCEPTIONAL HAPPENS WE ARE NOT RECOVERI
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Campari warns of impact of bad weather, agave contracts on margin

UPDATE 2-Campari warns of impact of bad weather, agave contracts on margin Adds CEO comments, updates shares By Elisa Anzolin and Elvira Pollina MILAN, July 30 (Reuters) - Italian spirits group Campari CPRI.MI warned that its ability to grow its gross margin this year would likely be impacted by "some temporary headwinds" after its first-half adjusted operating profit rose 2.1% organically.
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Campari shares fall as poor weather clouds H2 margin outlook

BUZZ-Campari shares fall as poor weather clouds H2 margin outlook ** Shares in Italy's Campari CPRI.MI fall as much as 8% to 7.82 euros, their lowest price since July 2020, after the spirits group warned its ability to expand gross margin this year would be impacted by temporary headwinds ** It lists poor weather affecting high-margin aperitifs and
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Campari warns about headwinds impacting 2024 gross margin growth

Campari warns about headwinds impacting 2024 gross margin growth MILAN, July 30 (Reuters) - Italian spirits group Campari CPRI.MI warned that its ability to expand gross margin this year is expected to be impacted by "some temporary headwinds", after its first-half adjusted operating profit rose 2.1%, sending its shares down over 6%. Campari's new CEO Matteo Fantacchiotti said in a statement that the gross margin is expected to be hit by factors such as poor weather, which affects high-margin ap
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Campari H1 Adj EBIT At EUR 360.0 Mln

BRIEF-Campari H1 Adj EBIT At EUR 360.0 Mln July 30 (Reuters) - Davide Campari Milano NV CPRI.MI : H1 ADJUSTED EBIT EUR 360.0 MILLION H1 NET SALES EUR 1.52 BILLION H1 GROUP NET PROFIT ADJUSTED EUR 239.0 MILLION H1 ADJUSTED EBIT EUR 360 MILLION, + 2.1% YEAR/YEAR ON ORGANIC BASIS NET FINANCIAL DEBT OF EUR 2.55 BILLION AS OF JUNE 30, 2024 2024 ABILITY
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Diageo shares hit four-year low as CEO warns of troubles ahead

UPDATE 4-Diageo shares hit four-year low as CEO warns of troubles ahead Adds analyst comment in paragraphs 8-9 and 13-14; updates shares in paragraph 12 By Emma Rumney LONDON, July 30 (Reuters) - Diageo DGE.L warned challenges could persist into next year after missing full-year profit expectations on Tuesday, sending shares in the world's top spirits maker down more than 9% to a four-year low.
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