Rémy Cointreau: FY adjusted earnings up 12%
(CercleFinance.com) - Rémy Cointreau has published net income group share, excluding non-recurrent items, that is up 12% at 151.
3 million euros, with an underlying operating margin that is up 0.3 point at 21% (+1.3 points in organic terms) for its fiscal year ended 31 March.
The wine and spirits group's sales reached 1,127 million euros, up 2.9%. In organic terms (at constant currencies and consolidation scope), growth reached 7.2%, thanks to the performance of the group's brands (+9.2%).
The group will offer a dividend of 1.65 euro per share to shareholders at its AGM of 24 July, with an option between payment in cash or shares for the entire distribution.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 million euros, with an underlying operating margin that is up 0.3 point at 21% (+1.3 points in organic terms) for its fiscal year ended 31 March.
The wine and spirits group's sales reached 1,127 million euros, up 2.9%. In organic terms (at constant currencies and consolidation scope), growth reached 7.2%, thanks to the performance of the group's brands (+9.2%).
The group will offer a dividend of 1.65 euro per share to shareholders at its AGM of 24 July, with an option between payment in cash or shares for the entire distribution.
Copyright (c) 2018 CercleFinance.com. All rights reserved.