In its full-year results, released yesterday, Pernod Ricard posted a slight increase in sales, up 1% to EUR8.68bn (US$7.46bn), while net profits appeared to soar – up 43% on fiscal-2015 to a historical high of EUR1.25bn. However, the company was cycling a EUR404m impairment charge for its Absolut vodka brand.
Will “slow but steady” win the race for Pernod Ricard in the US? – Analysis
In its full-year results, released yesterday, Pernod Ricard posted a slight increase in sales, up 1% to EUR8.68bn (US$7.46bn), while net profits appeared to soar - up 43% on fiscal-15 to a historical high of EUR1.25bn.
September 2, 2016