Remy Cointreau (CHIX:RCOp)
€ 56.5 -0.625 (-1.09%) Market Cap: 2.94 Bil Enterprise Value: 3.59 Bil PE Ratio: 15.88 PB Ratio: 1.59 GF Score: 59/100

Q1 2022 Remy Cointreau SA Corporate Sales Call Transcript

Jul 20, 2021 / 07:00AM GMT
Release Date Price: €178.15 (-1.38%)
Operator

Hello, and welcome to the 2021 to 2022 Q1 sales publication. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions)

I will now hand you over to your host, Luca Marotta, CFO, to begin today's call. Thank you.

Luca Marotta;my Cointreau SA;CFO
RÃ

©-

Good morning, everyone. Thank you for being here with us this morning. As you have seen in the press release, the Q1 sales showed a strong start to the year at 105% growth compared to last year on an organic basis. In addition, this performance implies that sales were up plus 36.5% compared to Q1 '19/'20. To put it another way, we are well above the pre-pandemic levels. This performance reflects, first of all, a broad-based growth with all regions, all brands contributing to this growth. While the U.S. continued to enjoy what we call the new paradigm, Greater China confirmed the recovery seen in H2 '20/'21 and Europe as well is gradually emerging from the sanitary crisis.

From a channel point of view, the group relied on the sharp on

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot