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REMY COINTREAU UNSP/ADR - REMYY STOCK NEWS

Welcome to our dedicated page for REMY COINTREAU UNSP/ADR news (Ticker: REMYY), a resource for investors and traders seeking the latest updates and insights on REMY COINTREAU UNSP/ADR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect REMY COINTREAU UNSP/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of REMY COINTREAU UNSP/ADR's position in the market.

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Rémy Cointreau informs bondholders about their right for early repayment as per the bond terms. The Early Repayment Put Date is set for 20 June 2022, with a repayment price of €101,256.27. Bondholders must notify their financial intermediary of their decision between 27 May 2022 and 9 June 2022. The company announced that it will not utilize its Share Repayment Option.

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-5.17%
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Rémy Cointreau has reported the number of shares and voting rights as of 30 April 2022. The total number of shares stands at 51,152,502, while the number of exercisable voting rights is 81,513,797. The theoretical voting rights amount to 81,928,114. The company has a capital of 81,844,003.20 euros and is headquartered in Cognac, France. The information is published in compliance with Article L.233-8 II of the French commercial code and AMF regulations.

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Rhea-AI Summary

On March 31, 2022, Rémy Cointreau reported its share and voting rights data:

  • Number of shares: 51,152,502
  • Exercisable voting rights: 81,514,192
  • Theoretical voting rights: 81,928,310

The company operates under the French commercial code, with a capital of 81,844,003.20 euros.

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News
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Rémy Cointreau reported a strong performance for the fiscal year 2021-22, achieving €1,312.9 million in revenue, an increase of 27.3% in organic terms compared to the previous year and 29.4% compared to 2019-20. The growth was driven by a 30.0% increase in sales, with the Americas showing exceptional growth of 30.0% and the APAC region at 25.8%. Despite a 9.4% decrease in the fourth quarter due to inventory management and calendar effects, the company remains optimistic, confirming strong guidance for the coming year.

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0.69%
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As of February 28, 2022, Rémy Cointreau reported a total of 51,122,172 shares and 81,477,619 exercisable voting rights. The company also noted 81,898,136 theoretical voting rights. The firm operates with a capital of 81,793,372.80 euros and is based in Cognac, France. This data complies with the French commercial code and the regulations set by the Financial Markets Authority (AMF).

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-0.53%
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Rémy Cointreau (Euronext Paris:RCO) has announced a restructuring of its Executive Committee to enhance efficiency amid evolving consumer trends. Effective September 1, the committee will feature a new Chief Transformation Officer and expanded roles across operational and cross-functional teams. Nicolas Beckers will lead the Americas, while Sophie Phe takes charge in China. Ian McLernon will oversee EMEA and parts of Asia Pacific. This change follows the strategic plan initiated in June 2020 and aims to bolster the company's adaptability in a competitive market.

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1.14%
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Leonardo DiCaprio has acquired an equity stake in Champagne Telmont, aligning with their commitment to sustainable and organic champagne production. Champagne Telmont aims to convert its entire vineyard to 100% organic agriculture by 2025 and assist partner growers by 2031. The company is focused on biodiversity and minimizing its environmental footprint, utilizing 100% renewable electricity and eliminating air freight. DiCaprio's partnership is seen as an endorsement of Telmont's ambitious sustainability goals.

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-0.97%
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Rémy Cointreau has reported key corporate governance details as of 31 January 2022.

There are 51,120,858 shares issued, with 81,533,378 exercisable voting rights.

The theoretical voting rights stand at 81,949,124.

This announcement is compliant with Article L.233-8 II of the French commercial code and Article 223-16 of the AMF regulations, ensuring transparency in shareholder voting rights.

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0.79%
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Rémy Cointreau announces a significant advertising campaign for its gin brand, The Botanist, coinciding with the Super Bowl. This campaign aims to enhance brand visibility and support the hospitality industry, which has been a partner since 2014. The Botanist, distilled at the Bruichladdich distillery, seeks to capitalize on the growing gin market in the United States. CEO Eric Vallat emphasized the campaign's role in achieving the brand's strategic growth objective, focusing on premiumization and mixology trends.

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-1.35%
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Rémy Cointreau reported robust sales of €1,085.8 million for the first nine months of its fiscal year, marking an organic growth of +38.1%. The third quarter alone saw a growth of +21.0% on an organic basis, driven by strong demand in the Cognac division, which grew +19.4%. The Liqueurs & Spirits division also performed well with a +39.1% growth over nine months. Strong sales were reported across all regions, particularly in the Americas and APAC. The company reaffirms its full-year guidance, with expectations of continued strong organic growth and increased marketing efforts.

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-2.8%
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FAQ

What is the current stock price of REMY COINTREAU UNSP/ADR (REMYY)?

The current stock price of REMY COINTREAU UNSP/ADR (REMYY) is $9.51 as of April 16, 2024.

What is the market cap of REMY COINTREAU UNSP/ADR (REMYY)?

The market cap of REMY COINTREAU UNSP/ADR (REMYY) is approximately 5.0B.
REMY COINTREAU UNSP/ADR

OTC:REMYY

REMYY Rankings

REMYY Stock Data

5.03B
518.50M
0%
Beverages - Wineries & Distilleries
Consumer Defensive
Link
United States of America
Cognac