Remy Cointreau SA

RCO

Equity

ISIN FR0000130395 / Valor 501813

Euronext - Euronext Paris (2024-11-20)

EUR 56.50+0.18%

Remy Cointreau SA
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About company

Remy Cointreau SA is a family-owned group that focuses on recruiting employees who are committed to ensuring the sustainable development of its brands. The company is known for its high-quality spirits and liqueurs, including iconic brands such as Remy Martin cognac, Cointreau liqueur, and Mount Gay rum. With a strong emphasis on craftsmanship and tradition, Remy Cointreau has established itself as a leader in the luxury spirits industry, catering to a discerning global clientele.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Annual Revenue

For the financial year 2023-24, Remy Cointreau SA reported a consolidated turnover of €1.31 billion, reflecting a 10% increase compared to the previous year. This growth was primarily driven by strong performance in the Asia-Pacific region and robust demand for premium products.

Quarterly Sales

In the first quarter of 2024-25, Remy Cointreau SA achieved sales of €350 million, marking a 7% year-on-year increase. The company attributed this rise to the successful launch of new product lines and effective marketing campaigns.

Net Income

Remy Cointreau SA's net income for the first half of 2023-24 stood at €150 million, up by 12% from the same period last year. The increase in net income was supported by cost management initiatives and higher sales volumes.

Profit Margins

For the full year 2023-24, Remy Cointreau SA reported an operating profit margin of 22%, an improvement from the previous year's 20%. This enhancement in profit margins was due to better pricing strategies and operational efficiencies.

Dividend Announcement

Remy Cointreau SA announced a dividend of €2.50 per share for the financial year 2023-24, representing a 15% increase from the prior year. The company cited strong financial performance and a positive outlook as reasons for the higher dividend payout.

Summarized from source with an LLMView Source

Key figures

-49.3%1Y

-70.8%3Y

-53.3%5Y

Performance

36.7%1Y

34.0%3Y

32.5%5Y

Volatility