BRIEF-Remy CEO: There are no sacred cows in our portfolio

- Remy Cointreau SA RCOP.PA CEO Franck Marilly tells analysts in a call:

  • REMY CEO FRANCK MARILLY: WE WILL FOCUS ADVERTISING SPEND ON FEWER BRANDS AND REGIONS


  • REMY CEO WE WILL TURN DISTRIBUTION DISRUPTION INTO A GROWTH OPPORTUNITY


  • REMY CEO:WE WILL EXPAND IN SMALLER SIZE FORMATS


  • REMY CEO: WE WANT TO DEVELOP NEW OCCASIONS FOR DRINKING COGNAC, CAPTURE NEW DRINKERS


  • REMY CEO: WE SEE OPPORTUNITIES FOR VSOP COGNAC IN CHINA AND RECRUITING YOUNGER CONSUMERS


  • REMY CEO: WE WILL EXPAND OUR PRESENCE IN CONVENIENCE STORES IN CHINA AND VENUES TO GROW NON-COGNAC BRANDS


  • REMY CEO: EMERGING MARKETS UNIT WILL BE ESTABLISHED IN SECOND HALF


  • REMY CEO: WE ARE ACCELERATING NEW ROUTE TO MARKET MODEL IN INDIA LAUNCHED IN APRIL


  • REMY CEO: WE SEE OPPORTUNITIES FOR GROWTH IN LATIN AMERICA, ESPECIALLY BRAZIL


  • REMY CEO: WE ARE ANALYSING IN DEPTH OUR PORTFOLIO, THERE ARE NO SACRED COWS IN OUR PORTFOLIO

Source text: [ID:]

Further company coverage: RCOP.PA