Rémy Cointreau Full Year 2024 Earnings: In Line With Expectations
Rémy Cointreau (EPA:RCO) Full Year 2024 Results
Key Financial Results
- Revenue: €1.19b (down 23% from FY 2023).
- Net income: €184.8m (down 37% from FY 2023).
- Profit margin: 16% (down from 19% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: €3.64 (down from €5.79 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Rémy Cointreau Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
The primary driver behind last 12 months revenue was the Brands - Cognac segment contributing a total revenue of €778.6m (65% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to €545.8m (82% of total expenses). Explore how RCO's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Beverage industry in France.
Performance of the French Beverage industry.
The company's shares are up 1.2% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Rémy Cointreau, and understanding it should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About ENXTPA:RCO
Rémy Cointreau
Engages in the production, sale, and distribution of liqueurs and spirits.
Flawless balance sheet with acceptable track record.
