Remy Cointreau Expected to Bottom Out in 3Q -- Market Talk

Dow Jones

2025/01/08

0920 GMT - Remy Cointreau's third quarter is expected to be the weakest of its fiscal year to March 2025, hit by destocking and market uncertainty, AlphaValue analyst Filippo Ercole Piva writes in a note. The French distiller has expressed an optimistic long-term outlook, stating that performance in the Americas and the Asia-Pacific regions should reach their lowest point in 3Q, the analyst says. From 4Q onward, the company forecasts a positive shift in trends. "We remain cautious as we await further information that could support the potential recovery currently underway," he adds. Shares are up 1.9% at 59.15 euros. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

January 08, 2025 04:20 ET (09:20 GMT)

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The French distiller has expressed an optimistic long-term outlook, stating that performance in the Americas and the Asia-Pacific regions should reach their lowest point in 3Q, the analyst says. From 4Q onward, the company forecasts a positive shift in trends. \"We remain cautious as we await further information that could support the potential recovery currently underway,\" he adds. Shares are up 1.9% at 59.15 euros. 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(andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2025 04:20 ET (09:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REMYY","symbol_name":"Remy Cointreau SA","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501743189","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501743189","pubTimestamp":1736328000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0920 GMT - Remy Cointreau's third quarter is expected to be the weakest of its fiscal year to March 2025, hit by destocking and market uncertainty, AlphaValue analyst Filippo Ercole Piva writes in a note. 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