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Jameson boosts Pernod Ricard sales, caution on China

2015-08-27 13:24:40| Beverages - Topix.net

JAMESON whiskey maker Pernod Ricard reported full-year 2014/15 underlying profit growth of 2 percent on Thursday, slightly below analysts' expectations, thanks to cost cuts and improving cognac sales in China. Parent Pernod Ricard, the world's second-biggest spirits group behind Britain's Diageo, handed investors a 10 percent dividend hike, although a 404 million euro impairment charge on its Absolut vodka, which faces lower U.S. growth, weighed on net profit.

Tags: sales china caution jameson

 

Pernod Ricard Hit by Absolut Write-Down

2015-08-27 11:20:53| Beverages - Topix.net

Pernod Ricard SA, the world's second-largest liquor group, said Thursday that its fiscal full-year profit fell 15% as the company took a hefty write down on its flagship Absolut vodka brand.

Tags: hit absolut ricard pernod

 
 

Absolut charge hits profits, but Pernod Ricard "in line" in fiscal-2015

2015-08-26 17:00:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has reported operating profits within its guidance for fiscal-2015, although the Absolut brand was hit by an impairment charge in the period.

Tags: in line charge hits

 

Pernod Ricard releases social medial guide

2015-08-25 14:44:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard's UK arm has released a social media guide for its off-trade customers.

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Pernod Ricard Sa Upgraded to "Hold" by Zacks

2015-08-24 02:56:48| Beverages - Topix.net

According to Zacks, "Pernod Ricard SA, based in France, operates as a manufacturer and seller of a wide range of wines and spirits. The company operates as holding company, with the structure divided between brand owner subsidiaries, such as The Absolut Company, Havana Club International and Chivas Brothers, which produce and develop marketing strategies for the brands, and regional distribution subsidiaries, such as Pernod Ricard Europe, Pernod Ricard Americas and Pernod Ricard Asia, which implement marketing strategies and distribute local brands.

Tags: hold upgraded ricard zacks

 

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