RÉMY COINTREAU

RCO
Real-time Quote. Real-time  - 10/05 05:51:32 am
177EUR +0.06%

Remy Cointreau : Presentation CA T1 2022 23 1

07/26/2022 | 06:39am

L u c a M a r o t t a , C F O

J u l y 2 6 , 2 0 2 2

ORGANIC*

SALES GROWTH

+27.0%

SALES TREND

BY REGION

GROUP VALUE

DEPLETIONS

FY GUIDANCE CONFIRMED

  1. Very good start to the year (+27.0%) on top of +105.0 % last year
  1. Meaningful volume growth (+12.5%) ; very strong price-mixincrease (+14.5%)
  1. Robust consumer trends in Americas and EMEA led by high-end segment, alongside some replenishment effects in the US
  1. Activity temporary affected in China by strict lockdowns in April-May ; sharp pick up in June (strong DD%)
  1. Off-tradecharacterized by exceptionally high base of comps.; on-tradebenefited from dynamic and up trading trends
  1. AMERICAS: very strong DD% sales growth led by high underlying demand and some replenishment effects
  1. APAC: slight decrease impacted by China in April-May (health restrictions); June back to very strong DD% sales growth
  1. EMEA: very strong DD% sales growth; above pre-covid level
  1. The US were down LSD% impacted by VSOP ; excluding VSOP, value depletions were up by very strong DD%
  1. China down DD% incl. strong exit rate (up by very strong DD% in June) ; activity picked up following sanitary restrictions lift
  1. Double-digitgrowth in EMEA
  1. Another year of strong sales growth underpinned by sustained investment policy in marketing and communications
  1. Another year of COP Margin improvement driven by solid GM resilience, increasing A&P, and strict control of overhead costs

(*) At constant currency & scope

2

DD%: Double-digit growth ; LSD%: low-single-digit growth

3

TMALL: +30% sales growth

JD.com: +60% of sales growth

4

5

Pour lire la suite de ce noodl, vous pouvez consulter la version originale ici.

Disclaimer

Rémy Cointreau SA published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 10:38:04 UTC.

© Publicnow 2022
Copier lien
All news about RÉMY COINTREAU
09/23
07/27
07/27
07/26
07/26