Whisky driving Pernod Ricard profits

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.

This entry was posted in General, Greece, Spain and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s