RÉMY COINTREAU : UBS expects lower sales
'We see a risk of a decline in organic sales in the first quarter (UBSe -19.2% vs. -9.3%), given that trends in the US and China remain weak, combined with difficult quarterly performances' says UBS.
While the United States and China will remain weak in the first half, Rémy Cointreau has a plan to improve in the former and is outperforming in the latter', says the broker, who 'awaits signs of an inflection'.
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