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RemyCointreau


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Remy, Pernod Ricard slip on China tariff worries

BUZZ-Remy, Pernod Ricard slip on China tariff worries ** Shares in French spirits makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA slip, with two analysts pointing to a report that Beijing could introduce tariffs on EU-imported brandy as early as August ** Online wine portal Vino-Joy points to an article by Yuyuan Tantian- a social media acc
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French spirits exports tumble ahead of worsening trade conflict

French spirits exports tumble ahead of worsening trade conflict PARIS, June 13 (Reuters) - French spirits sales and exports have dropped sharply this year as consumers continued to cut back spending , the industry lobby said on Thursday, warning that looming trade barriers could further hurt the sector. Cognac makers said on Wednesday they were "deeply" worried about an anti-dumping probe launched by Beijing in January, after the European Commission imposed tariffs on imports of Chinese electric
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European auto stocks fall on uncertainty over China's tariff response

UPDATE 2-European auto stocks fall on uncertainty over China's tariff response Adds fund manager comments, analyst comment By Danilo Masoni MILAN, June 13 (Reuters) - Shares of some of Europe's biggest carmakers fell further on Thursday on uncertainty over how China might respond to the EU's new tariffs on imported Chinese electric vehicles to combat what Brussels sees as excessive subsidies from Beijing.
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China urges EU to reverse EV tariffs, Chery undeterred

UPDATE 10-China urges EU to reverse EV tariffs, Chery undeterred Chinese state media says cooperation is the way forward Chinese EV stocks shrug off EU tariff decision EU announcement slightly positive for BYD, says Citi SAIC says it is deeply concerned by tariffs Tesla says it will hike prices due to tariffs Adds Chery details paragraphs 1, 6-9 By Liz Lee, Laurie Chen and Nick Carey BEIJING, June 13 (Reuters) - Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist
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French cognac makers 'deeply concerned' after EU slaps tariffs on Chinese EVs

UPDATE 1-French cognac makers 'deeply concerned' after EU slaps tariffs on Chinese EVs Adds more details PARIS, June 12 (Reuters) - French cognac producers are "deeply" worried about the results of a Chinese probe into European cognac imports, a trade body said on Wednesday, after the European Commission imposed tariffs on imports of Chinese electric vehicles.
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French cognac body 'deeply concerned' after EU imposes tariffs on Chinese EVs

French cognac body 'deeply concerned' after EU imposes tariffs on Chinese EVs PARIS, June 12 (Reuters) - French cognac producers are "deeply" worried about the results of a Chinese probe into European cognac imports, a trade body said on Wednesday, after the European Commission imposed tariffs on imports of Chinese electric vehicles. "We take note of the European decision and once again reiterate our deepest concern regarding the consequences for the anti-dumping investigation launched by China
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Credit Agricole, Hermes, Whitbread

EUROPE RESEARCH ROUNDUP-Credit Agricole, Hermes, Whitbread June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Credit Agricole, Hermes and Whitbread, on Wednesday. HIGHLIGHTS * Credit Agricole CAGR.PA : Jefferies raises to buy from hold * Flutter Entertainment Plc FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p * Hermes HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410 * Renew Holdings Plc RNWH.L : Ber
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Asmi, Beiersdorf, SSE

CORRECTED-EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE Corrects Greenyard NV entry to say KBC Securities raises target price to EUR 9.5 from EUR 8.5 (not 6.30) and Arcadis NV entry to say KBC Securities cuts (not raises) to 'accumulate' from 'buy'; raises target price to EUR 66 from EUR 61 (not 61.7 June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Asmi, Beiersdorf and SSE, on Friday.
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European shares close up after ECB delivers first rate-cut in five years

UPDATE 3-European shares close up after ECB delivers first rate-cut in five years For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. ECB cuts interest rate by 25 bps SAP gains on CEO comments Novo Nordisk hits fresh record high Technology stocks at near 24-year high Updated at 1538 GMT By Shristi Achar A and Shashwat Chauhan June 6 (Reuters) - European shares c losed higher on Thursday, boosted by banking, technology and healthcare stocks,
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Remy CFO Luca Marotta: 2024-25 cash flow will improve compared to 2023-24

BRIEF-Remy CFO Luca Marotta: 2024-25 cash flow will improve compared to 2023-24 June 6 (Reuters) - Remy Cointreau SA RCOP.PA : REMY CEO: WILL NOT RAISE PRICES ON VERY SPECIAL OLD PALE COGNAC IN THE UNITED STATES THIS YEAR REMY CEO: WILL INCREASE PRICES SELECTIVELY WHERE WE CAN REMY CFO LUCA MAROTTA: 2024-25 CASH FLOW WILL IMPROVE COMPARED TO 2023-2
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Remy Cointreau jumps on FY profit beat, projected sales recovery

BUZZ-Remy Cointreau jumps on FY profit beat, projected sales recovery ** Shares in Remy Cointreau RCOP.PA rise more than 5% after the French cognac maker beat FY earnings consensus and said it expects sales recovery over the coming year ** It posts FY current operating profit of 304.4 million euros ($331.3 million) vs 299.8 million euros in a compa
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Ashtead Technology Holdings, Computacenter, Maersk

EUROPE RESEARCH ROUNDUP-Ashtead Technology Holdings, Computacenter, Maersk June 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ashtead Technology Holdings, Computacenter and Maersk on Thursday. HIGHLIGHTS * Ashtead Technology Holdings Plc ATAS.L : Stifel raises target price to 900p from 770p * Computacenter Plc CCC.L : Morgan Stanley cuts target price to 2550p from 2650p * IG Group Holdings Plc IGG.L : Deutsche Bank cuts target
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Futures signal rises as ECB countdown begins

LIVE MARKETS-Futures signal rises as ECB countdown begins 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 FUTURES SIGNAL RISES AS ECB COUNTDOWN BEGINS European stock futures are in positive territory as traders log in to a long-awaited day in the global interest rate cycle.
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Remy CEO: Will keep strong discipline on costs this year

BRIEF-Remy CEO: Will keep strong discipline on costs this year June 6 (Reuters) - Remy Cointreau SA RCOP.PA : REMY COINTREAU CEO ERIC VALLAT: OUR LEVEL OF STOCK HAS NOT IMPROVED IN THE UNITED STATES REMY CEO: WILL KEEP STRONG DISCIPLINE ON COSTS THIS YEAR Source text for Eikon: [ID:] Further company coverage: RCOP.PA Reporting by Emma Rumney
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Remy Cointreau's shares rise as investors bet on recovery

UPDATE 3-Remy Cointreau's shares rise as investors bet on recovery Updates shares in paragraphs 1 & 9, CEO quotes in paragraph 6, adds investor comment in paragraphs 11-12 LONDON, June 6 (Reuters) - Remy Cointreau's RCOP.PA shares rose more than 6% on Thursday after the drinks company expressed confidence about future growth following a tough year where profits fell sharply.
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Remy Cointreau FY Current Operating Profit At EUR 304.4 Million, Beats Consensus

BRIEF-Remy Cointreau FY Current Operating Profit At EUR 304.4 Million, Beats Consensus June 6 (Reuters) - Remy Cointreau SA RCOP.PA : FY NET PROFIT GROUP SHARE EUR 184.8 MILLION VERSUS EUR 186.8 MILLION IN COMPANY-COMPILED CONSENSUS FY CURRENT OPERATING PROFIT EUR 304.4 MILLION VERSUS EUR 299.8 MILLION IN COMPANY-COMPILED CONSENSUS FY EPS OF EUR 3.
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Remy Cointreau's profit slumps nearly 28% but beats estimates, sees sales recovery

Remy Cointreau's profit slumps nearly 28% but beats estimates, sees sales recovery LONDON, June 6 (Reuters) - Remy Cointreau RCOP.PA reported a smaller-than-expected decline in annual organic operating profit on Thursday, down 27.8%, and said sales should gradually recover over the course of its next financial year. The French cognac maker said the steep decline in operating profit was driven by challenges in the key U.S.
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4Imprint, AstraZeneca, Bellway

EUROPE RESEARCH ROUNDUP-4Imprint, AstraZeneca, Bellway June 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including 4Imprint, AstraZeneca and Bellway, on Wednesday. HIGHLIGHTS * 4Imprint FOUR.L : HSBC raises target price to 6370p from 6060p * AstraZeneca AZN.L : HSBC raises target price to 14070p from 12950p * Bellway Plc BWY.L : Berenberg raises target price to 2900p from 2500p * Berkeley Group BKGH.L : Berenberg raises target price to
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead May 31 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 04-Jun-2024 NTS ITV.L ITV PLC ITV PLC A Spotlight On....ITV Commercial - Investor Webinar 04-Jun-2024 BMO LMPL.L LondonMetric Property PLC Full Year 2024 Londonmetric Property PLC Earnings Release 05-Jun-2024 06:00 BMEB.L B&M European Value Retail SA Full Year 2024 B
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Possible Trump tariffs spell trouble for spirits makers

LIVE MARKETS-Possible Trump tariffs spell trouble for spirits makers STOXX 600 down 0.6% Travel, miners biggest fallers Oil stocks rise S&P futures lower 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 POSSIBLE TRUMP TARIFFS SPELL TROUBLE FOR SPIRITS MAKERS Should Donald Trump get re-elected as U.S.
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