Remy Cointreau sees flat current operating profit after weak first half
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PARIS (Reuters) - French spirits group Remy Cointreau predicted on Thursday that its current operating profit for the year would be flat because of a weaker-than-expected first-half after protests in Hong Kong and promotional spending hit earnings.The weak results come as Chief Executive Valerie Chapoulaud-Floquet, the architect of Remy-Cointreau's push towards higher-priced spirits to drive profit margins, will be replaced on Dec. 1 by Richemont's Eric Vallat..The French company, which cited..