Rémy Cointreau: 9m sales up 6.7%
(CercleFinance.com) - Over the first nine months of 2018-19 Rémy Cointreau posted sales of 919.
4 million euros, with growth of 6.7% as reported and organic growth (at constant currencies and consolidation scope) of 8.1%.
Thus, after a first six months when organic growth reached 7.7%, the third quarter (+8.7%) confirmed the group's solid momentum. An early Chinese New Year in 2019 has resulted in about an additional growth point.
Thanks to sales that are in line with its estimates, Rémy Cointreau has confirmed its target for growth in its underlying operating profit over 2018-19, at constant currencies and consolidation scope (pro-forma Pre-IFRS 15,16 & 9).
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4 million euros, with growth of 6.7% as reported and organic growth (at constant currencies and consolidation scope) of 8.1%.
Thus, after a first six months when organic growth reached 7.7%, the third quarter (+8.7%) confirmed the group's solid momentum. An early Chinese New Year in 2019 has resulted in about an additional growth point.
Thanks to sales that are in line with its estimates, Rémy Cointreau has confirmed its target for growth in its underlying operating profit over 2018-19, at constant currencies and consolidation scope (pro-forma Pre-IFRS 15,16 & 9).
Copyright (c) 2019 CercleFinance.com. All rights reserved.