|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15.10.26 - 07:33
|
Pernod Ricard: Sequential Improvement in Q1, in a Contrasted Environment (Business Wire)
|
|
|
Q1 Organic Net Sales -0.9% and Reported -6.3%PARIS--(BUSINESS WIRE)--Regulatory News:
Pernod Ricard (Paris:RI):
Press Release – Paris, 15 October 2026 at 7.30am
Net Sales for Q1 FY27 totalled €2,234m. Perimeter impact of -€127m mainly linked to the disposal of Imperial Blue and Wines, and Foreign Exchange impact of -€3m mainly linked to INR and TRY1.
Sales in the US declined by -10% and in China by -25%, with both markets being impacted by inventory adjustments, as expected.
Underlying depletions in China returned to growth, confirming the cautious trade optimism ahead of the Mid-Autumn Festival, as flagged at the full year results.
When excluding the US and China, sales in the Rest of the World are growing at +4%, with strong performance notably in markets in the Asia-Rest of the World region and with softer results in Europe and in Latin America.
The global environment remains volatile and uncertain, notably with ongoing conflicts in Europe and in the Middle East, and with cost-of-living pressur...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
27.08.26 - 07:36
|
Pernod Ricard: Steering Through a Transition With Agility, Discipline and Strategic Conviction (Business Wire)
|
|
|
FY26 Organic Sales -3.9% (-14.2% reported)
FY26 Organic PRO -5.2% (-17.9% reported)PARIS--(BUSINESS WIRE)--Regulatory News:
Pernod Ricard (Paris:RI):
Press Release – Paris, 27th August 2026
Disciplined execution defending margin, delivering efficiencies and strengthening cash generation
FY26 Organic Net Sales -3.9%, excluding the US and China +0.5%. FY26 was characterized by a contrasted environment, with continued softness in the US amplified by inventory adjustments and with weak demand in China, mitigated by improving trends and growth across ROW, though impacted by Middle East conflict in Q4
Improving momentum in H2 with organic sales growth improving from -5.9% in H1 to -1.3% in H2
Strong defence of the Organic Operating Margin with acceleration of the €1bn Operational Efficiencies program, delivering half of the target in FY26 and with full delivery now expected by FY28
Structure Costs down -8.0% (-4% in FY25), with the implementation of Fit for Future operating model and disciplined cost manag...
|
|