Q3 update: sales are up +3% on an organic basis (cons. +0.9%) and +7% on reported figures. By region: the Americas recorded a nice +8% (cons. +2.8%) and Europe +7% (cons. +2.1%), whereas Asia/ROW stood at -2% (cons. -1.2%, impacted by the demonetisation in India and the early CNY). After 9M, organic sales are up 4% with the Americas +7%, Europe +4% and Asia/ROW +1%. FY guidance is maintained: organic growth in profit from recurring operations to be between 2% and 4%.
20 Apr 2017
Q3 beat in spite of challenging India
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Q3 beat in spite of challenging India
Pernod Ricard SA (RI:WBO) | 0 0 2.2% | Mkt Cap: 35,633m
- Published:
20 Apr 2017 -
Author:
Anna Zyniewicz -
Pages:
2
Q3 update: sales are up +3% on an organic basis (cons. +0.9%) and +7% on reported figures. By region: the Americas recorded a nice +8% (cons. +2.8%) and Europe +7% (cons. +2.1%), whereas Asia/ROW stood at -2% (cons. -1.2%, impacted by the demonetisation in India and the early CNY). After 9M, organic sales are up 4% with the Americas +7%, Europe +4% and Asia/ROW +1%. FY guidance is maintained: organic growth in profit from recurring operations to be between 2% and 4%.