Remy Cointreau reports loss for year

Article Abstract:

Remy Cointreau SA of Paris, France, posted a net loss of $103.6 million during the fiscal year that ended March 31, 1998. Remy Cointreau's net loss of 621 million French francs was a substantial decline from a 36-million franc profit posted in the previous fiscal year. The loss was blamed on foreign-exchange fluctuations and a decline in cognac sales. The company also posted a 4% decline in operating income to 534 million francs from 558 million francs. The loss came despite a 4% rise in revenue from 7.2 billion francs to 7.5 billion francs.

Comment:

Posts a net loss of $103.6 mil during the fiscal year that ended 3/31/98

Wineries, Wine, Article, Remy Cointreau S.A.

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Pinault's net falls 58% on weakness at Gucci

Article Abstract:

Pinault-Printemps-Redoute S.A. posted a decline of 58% in its 2003 first half net profits. The company, which was hurt by the weakness of Gucci Group, posted 118.3 million euros in net profits for the period.

Finance, Pinault-Printemps-Redoute

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Vivendi Universal had narrower 1st-half loss

Article Abstract:

Vivendi Universal S.A. posted a 632 million euros net loss for the 2003 first half. This is compared to 12.31 billion euros in losses in the same 2002 period.

Vivendi S.A.

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