Pernod Ricard has seen worldwide sales grow by 8 percent in the last year. The company’s global turnover of €7.64 billion was boosted by sales of its top brands, while net profit grew by 10 percent to €1.44 billion. Chief executive Pierre Pringuet said: “We will continue to grow, by capitalising on the strength of our portfolio of brands, the quality of our distribution network and the powerful leverage of emerging markets.”
Pernod’s whisky brands have been performing strongly, with sales of Royal Salute growing by 27 percent, Jameson by 20 percent and The Glenlivet by 14 percent.
Sales in Europe were static, however, which the company attributes to falling demand in financially strained Greece and Spain.
Story from Whisky Drinker.