August 29, 2013 / 5:41 AM / 4 years ago

Pernod Ricard hits profit target, hikes dividend

PARIS, Aug 29 (Reuters) - French spirits maker Pernod Ricard said it had hit its full-year target of around 6 percent organic profit growth from continuing operations on Thursday, despite an ongoing slowdown in China, and raised its dividend.

Pernod, the world's second-biggest drinks group by sales after Britain's Diageo, reported a 6 percent rise in profit from recurring operations to 2.23 billion euros ($2.97 billion) for its financial year ending June 2013.

It said it would propose a dividend of 1.64 euros, up 4 percent. ($1 = 0.7496 euros) (Reporting by Lionel Laurent; Editing by James Regan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below