Remy Cointreau reports profit of EUR39.4m in first half of 2009

Posted on: Wed, 25 Nov 2009 05:34:00 EST


Symbols: REMYF
Nov 25, 2009 (M2 EQUITYBITES via COMTEX) --
REMYF | Quote | Chart | News | PowerRating -- Wine and spirits company Remy Cointreau (Paris:RCO) today reported
net-profit (group share) of EUR39.4m or EUR0.84 per share for the six
months of 2009, ended 30 September 2009.

This was in comparison with a net profit of EUR48.3m in the
corresponding period of the prior year.

Current operating profit for the six months was up by 4.8% to EUR65.5m,
as compared with EUR62.5m in the corresponding period of 2008.

Turnover for the period was EUR361.9m, a 0.9% decrease over USD365.2m
in the corresponding period of the prior year.

The company also provided outlook of a slight organic growth in current
operating profit for the full year.

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