<- Go home

Added to YB: 2024-09-10

Pitch date: 2024-09-10

RCO.PA [bullish]

Rémy Cointreau SA

Author Info

No bio for this author

Company Info

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits.

Market Cap

EUR 2.5B

Pitch Price

N/A

Price Target

N/A

Dividend

1.57%

EV/EBITDA

14.97

P/E

31.84

EV/Sales

3.41

Sector

Beverages

Category

value

Show full summary:
Buying Remy Cointreau (RCO.PA)

RCO.PA: French cognac/spirits maker (Remy Martin, Cointreau) at decade-low, 50% below 2019 despite FY24 earnings 20% above FY19. Selloff on China depression & US African-American demand pullback overdone; mgmt sees stabilization & HSD growth FY26. China dropped brandy tariffs Aug. Contrarian long.

Read full article (3 min)