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Pernod Ricard keen to stem Absolut US declines

2015-09-02 13:04:35| Daily beverage news and comment - from just-drinks.com

Pernod Ricard has admitted that it needs to improve its marketing of Absolut in the US to connect with Millenial consumers as craft vodka continues to take share.

Tags: stem absolut keen declines

 

The battle continues for Pernod Ricard in the US and China - Analysis

2015-08-28 13:50:00| Daily beverage news and comment - from just-drinks.com

Earlier this year, at its annual Capital Market Day presentations, Pernod Ricard earmarked the US and China as must-win "battlegrounds".

Tags: us china analysis continues

 
 

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

 

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