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Remy Cointreau (XPAR:RCO) Construction In Progress : €24 Mil (As of Sep. 2024)


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What is Remy Cointreau Construction In Progress?

Remy Cointreau's quarterly construction in progress declined from Sep. 2023 (€65 Mil) to Mar. 2024 (€45 Mil) and declined from Mar. 2024 (€45 Mil) to Sep. 2024 (€24 Mil).

Remy Cointreau's annual construction in progress increased from Mar. 2022 (€41 Mil) to Mar. 2023 (€68 Mil) but then declined from Mar. 2023 (€68 Mil) to Mar. 2024 (€45 Mil).


Remy Cointreau Construction In Progress Historical Data

The historical data trend for Remy Cointreau's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Remy Cointreau Construction In Progress Chart

Remy Cointreau Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.00 43.30 40.90 67.70 45.00

Remy Cointreau Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.20 67.70 65.00 45.00 23.50

Remy Cointreau Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Remy Cointreau Business Description

Address
Rue Joseph Pataa, Ancienne rue de la Champagne, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and, in 2023, entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

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