Pernod Ricard saw its sales and profits lift in its latest fiscal half-year

Pernod Ricard saw its sales and profits lift in its latest fiscal half-year

Earlier today, Pernod Ricard released its half-year results, which showed single-digit rises in sales and net profits. Here is a closer look at the company's performance by region and by brand.

  • France (7.6% of group sales) was 28% down on the same six months a year earlier, with sales hitting EUR374m. Operating profits tumbled by 54% to EUR80m
  • Europe excluding France (25.4% of total sales) was flat, rising by 1% to EUR1.25bn. Operating profits dipped by 4% to EUR326m
  • The Americas (26.1%) were up by 10% at EUR1.28bn. Operating profits rose by 12% to EUR378m
  • Asia/Rest of the World (40.9%) increased sales by 18% to EUR2.01bn. Operating profits jumped by 28% to EUR674m

Pernod highlighted the performance of 14 of its international brands in the half-year results. Most notably:

  • Absolut vodka saw sales rise by 4% in value and by 2% in volumes
  • Ballantine's Scotch whisky, however, tumbled by 11% in both sales value and volumes
  • Chivas Regal Scotch was up by 3% in sales value but down by 3% in volumes
  • Jameson Irish whiskey climbed by 13% in value and by 7% in volumes
  • Martell Cognac jumped by 23% in sales value and by 8% in volumes
  • The Glenlivet Scotch soared by 21% in sales value and by 17% in volumes
  • Mumm Champagne fell by 5% in sales value and by 6% in volumes