Added to YB: 2026-06-08
Pitch date: 2026-06-04
RCO.PA [neutral]
Rémy Cointreau SA
+3.11%
current return
Author Info
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Company Info
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits.
Market Cap
EUR 2.2B
Pitch Price
EUR 40.50
Price Target
N/A
Dividend
3.59%
EV/EBITDA
13.49
P/E
27.84
EV/Sales
3.08
Sector
Beverages
Category
turnaround
Rémy Cointreau (RCO France): Good brands, improving trends, but still waiting for a cleaner recovery
RCO.PA (update): Premium Cognac maker post-downturn. FY organic sales flat but op profit -24%, margin 17.7% on mix/FX/tariffs; EPS €1.71 beat, net debt €690m. Rémy Martin gaining China share, US/travel retail recovering. FY26-27 return to growth expected. Dividend cut to €0.75, medium-term targets postponed to Nov. Diversifying beyond Cognac. Quality brands but lacks visibility for sustained earnings acceleration.
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