FRANCE: Pernod Ricard forecasts 10% profits for H1

By Sarah Diston | 4 May 2001

Announcing its first-quarter results yesterday, spirits and wine giant Pernod Ricard forecast 10% profit growth for the first half of 2001 after reporting a turnover totalling E385.3m ($) for the first quarter. Reporting an increase in turnover (at March 2001) excluding duty and taxes of  7.4% with 6.6% organic growth, Pernod's wines and spirits also recorded a strong increase in sales (+13.8%) with 14.5% organic growth. The 10 largest brands within this division also showed an increase of 15% in volume.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Announcing its first-quarter results yesterday, spirits and wine giant Pernod Ricard forecast 10% profit growth for the first half of 2001 after reporting a turnover totalling E385.3m ($) for the first quarter. Reporting an increase in turnover (at March 2001) excluding duty and taxes of  7.4% with 6.6% organic growth, Pernod's wines and spirits also recorded a strong increase in sales (+13.8%) with 14.5% organic growth. The 10 largest brands within this division also showed an increase of 15% in volume.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

UK: Press round up – AD, Pernod & Fortune - Day 10
Maxxium Worldwide could come under pressure if Pernod and Fortune's Allied Domecq bid is successful, according to press reports today (14 April).

Quote, unquote: The Allied/Pernod story in soundbites
As Pernod Ricard, Allied Domecq and Fortune Brands close in on the biggest drinks industry deal since the sale of Seagram, opinion about how the deal will be structured and who stands to win and lose remains divided. Just-drinks looks at who has said what since the saga began.

UK: Press round up. AD, Pernod & Fortune - Day 8
It's been a quiet day on the Pernod/Allied Domecq front.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page