Pernod Ricard is to release its Q1 results on Thursday

Pernod Ricard is to release its Q1 results on Thursday

On Thursday, Pernod Ricard will report its first-quarter sales results for 2016/2017. Here, just-drinks takes a look at the company's activities in the three months to the end of September:

Full-year results highlights:

  • Net profits jumped 43% to EUR1.25bn (US$1.39bn)
  • Stripping out FY15's Absolut impairment charge, net profits were down 2%
  • Net sales in 12 months to end of June inched up 1% to EUR8.68bn
  • Operating profits lifted 2% to EUR2.28bn