- Remy Cointreau projects full-year organic revenue decline between 15% and 18%.
- The company expects current operating margin to be between 21% and 22%.
- In the third quarter, organic revenue decreased by 21.5%, performing slightly better than the estimated 23.6% decline.
- Cognac organic revenue fell by 22%, outperforming the estimated drop of 29.8%.
- Liqueurs & Spirits organic revenue declined by 20.1%, compared to an estimate of an 11.4% decrease.
- Partner Brands organic revenue decreased by 29.2%, underperforming against an estimated 21.4% drop.
- Total third-quarter revenue was EU254.1 million, down 21% year-over-year, but ahead of the EU244.8 million estimate.
- Cognac revenue was EU155.7 million, a 21% year-on-year decline, surpassing the expected EU137.9 million.
- Liqueurs & Spirits revenue reached EU92.5 million, representing a 19% year-on-year decrease, below the EU100.3 million projection.
- Partner Brands revenue amounted to EU5.8 million, a 28% decrease year-over-year, falling short of the EU6.78 million estimate.
- Remy Cointreau reaffirms its targets for the fiscal year 2029-30.
A look at Remy Cointreau Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts following Remy Cointreau SA are seeing a mixed but stable long-term outlook for the company. With a Smartkarma Smart Score of 3 in both Value and Growth, it indicates that the company is fairly valued and is expected to experience moderate growth in the coming years. Additionally, Remy Cointreau received a score of 4 in the Dividend category, suggesting that the company is likely to provide a healthy dividend to its shareholders. In terms of Resilience and Momentum, both scores stand at 3, showing that the company is resilient in the face of economic challenges and has a steady momentum in the market.
Remy Cointreau SA, a global manufacturer and distributor of premium wines and spirits, is known for its iconic brands like Remy Martin cognac, Cointreau, Passoa, Mount Gay rum, and Metaxa. Through its well-established sales network spanning across the world, Remy Cointreau has been able to reach a broad customer base and maintain its position in the competitive spirits industry. Despite facing fluctuations in different aspects, the company’s overall Smart Score points towards a balanced and stable outlook for the future, indicating a steady trajectory for investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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