Pernod’s Q1 update: sales grew organically +4% (cons. +2.7%). OG by division: Europe +6% (cons. +2%, +2% restated for technical impact), the Americas +8% (cons. +2.8%), Asia/ROW +0% (cons. +2.5%). On reported figures, sales were up +1% (FX: -3%). OG by category: International brands +3% (vs. 2% last year), Strategic Local brands +5% (in line with last year), Wines -1%. The company highlighted the good performance in the US and India, early signs of improvement in China, and a difficult

20 Oct 2016
Q1: Good quarter driven by the Americas and an improved China

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Q1: Good quarter driven by the Americas and an improved China
Pernod Ricard SA (RI:WBO) | 0 0 2.2% | Mkt Cap: 35,633m
- Published:
20 Oct 2016 -
Author:
Anna Zyniewicz -
Pages:
2 -
Pernod’s Q1 update: sales grew organically +4% (cons. +2.7%). OG by division: Europe +6% (cons. +2%, +2% restated for technical impact), the Americas +8% (cons. +2.8%), Asia/ROW +0% (cons. +2.5%). On reported figures, sales were up +1% (FX: -3%). OG by category: International brands +3% (vs. 2% last year), Strategic Local brands +5% (in line with last year), Wines -1%. The company highlighted the good performance in the US and India, early signs of improvement in China, and a difficult