Blog: Press pack prefer to probe Pernod Ricard in private
Andy Morton | 28 August 2014
Does Pernod Ricard have something to hide? In a press conference after the release of full-year results today, only a quarter of the 100 minutes were given over to questions from journalists.
The rest of the time was taken up by CEO Pierre Pringuet and his heir-apparent Alex Ricard reading out a (very) detailed account of the year's performance.
So why the truncated Q&A, which is surely of far more interest to the world's listening media? According to Pernod, it's no conspiracy. Apparently the French journalists, who make up the vast majority of the press pack that attend the Paris results conference, all have one-on-one's with senior management after the call. They'd be crazy to air their questions in public, where fellow hacks can appropriate the answers.
It seem that instead of Pernod having something to hide, it's the media that's playing coy here.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Coca-Cola FEMSA has reported a healthy lift in nine-month sales as the group continued to benefit from its acquisitions in Brazil and Mexico last year. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Heineken to stay "active player" in beer M&A - CFO
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- Diageo puts Beckham centre stage in Haig Club ad
- Smirnoff Ice gets India launch