Earlier today (29 August), Pernod Ricard released its results for the 2012-13 fiscal year. Here’s a closer look at the company’s performance in the 12 months to the end of June.
Regions
Asia/Rest of the World – which accounts for 40% of total FY sales – delivered sales growth of 7% year-on-year, hitting EUR3.43bn (US$4.5bn).
- China was up by 9%, which represented slower growth than a year earlier. While Martell, Jacob’s Creek and Absolut delivered double-digit growth in the country, Scotch and “the most exclusive” spirits suffered from a challenging year.
- India saw Pernod’s local whiskies deliver a sales lift of 16%, with the company’s top 14 brands rising collectively by 17%.
- Travel retail, and Africa/Middle East both posted double-digit sales increases in the year.
- South Korea and Thailand were both described as challenging, the former due to a decline of the traditional on-trade, while the latter saw the 100 Pipers brand suffer.
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