Remy Cointreau (XPAR:RCO)
€ 85.5 0.3 (0.35%) Market Cap: 4.36 Bil Enterprise Value: 4.95 Bil PE Ratio: 23.75 PB Ratio: 2.45 GF Score: 85/100
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Half Year 2020 Remy Cointreau SA Earnings Call Transcript

Nov 28, 2019 / 07:30AM GMT
Release Date Price: €117.2 (-2.41%)
Operator

Good day, and welcome to the Rémy Cointreau First Half Results 2019/2020 Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Marc Hériard Dubreuil. Please go ahead, sir.

Marc HÃ;riard Dubreuil;my Cointreau SA;Chairman of the Board
RÃ

© - ©-

Thank you. Good morning to all of you. So once again, we are presenting to you the interim results of Rémy Cointreau, this time from the 1st of April 2019 to the 30th of September 2019.

You know already the turnover, as Luca Marotta announced them to you on the 18th of October. So as a reminder, our sales were stable for the first 6 months on a reported basis and a bit down on an organic basis by 3.6%. But much more importantly, our group sales were -- Group Brands sales were up 5.5% on a reported basis and 0.8% on an organic basis. And more importantly, both divisions, cognac and Liqueurs & Spirits, were up for that time.

So what about the current operating profit? The current operating profit

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