Rémy Cointreau Cuts Forecast Tariff Hit to Current Operating Profit to €5 Million
Bitget2026/10/28 06:30- Rémy Cointreau reaffirmed 2026-27 sustainable organic sales growth and slight organic operating margin improvement, with sales momentum strengthening progressively.
- Expected tariff costs fell to EUR 5 million from EUR 20 million; the EUR 15 million savings will be fully reinvested.
- Currency effects should lift sales by EUR 15 million, with operating profit benefiting by EUR 3 million to EUR 5 million.
- Leverage remains targeted below 3.5 times by March 31, 2027, excluding benefits from the EUR 250 million hybrid bond issue.
- First-half sales rose 2.9% organically to EUR 510.9 million, supported by 14.3% growth in APAC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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