REMY COINTREAU : UBS reiterates its buy recommendation
' The decline in organic EBIT is broadly in line with consensus: this could be enough to meet investors' expectations' says UBS.
Group share of net income came in at €113.0m, down -49.5% as reported (+17.8% organically vs. 2019-20), giving a net margin of 17.7%, down -8.1 points as reported.
Group share of EPS, which came in at 2.24E, was down -49.1% as reported vs. first-half 2022-23.
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