Pernod Ricard World Trade, the second largest drinks supplier in travel retail globally, saw an 11% increase in sales volume in 2003, despite adverse conditions suffered by the travel retail market.

The travel retail sector was hit in 2003 by the conflict in Iraq, SARS in Asia and a difficult economic climate in various key markets. However, the group reported that sales of Jameson increased by 23%, Havana Club saw an uplift of 20%, and Royal Salute's sales were up 15%, while Jacob's Creek more than doubled its sales by volume versus 2002. Sales of Chivas Regal increased by 3%.
 
Gilles Cambournac, chairman and CEO of Pernod Ricard World Trade, said: "We are delighted with these results. This was a particularly difficult year, and these figures show that we were successful in both keeping our brands fresh in the travellers' minds, and encouraging purchase. We now look forward to increased growth in 2004."