Key Developments: Pernod Ricard SA (PDRDF.PK)
117.50USD
17 Jun 2013
$-1.15 (-0.97%)
$118.65
$117.50
$117.50
$117.50
45
450
$131.20
$98.65
Latest Key Developments (Source: Significant Developments)
Pernod Ricard SA Confirms FY 2012/2013 Current Operating Profit Guidance
Pernod Ricard SA announced that it confirms its objective of growth of 6% in current operating profit for fiscal year 2012/2013. Full Article
Pernod Ricard SA Completes Acquisition of Shares In Le Maine au Bois SAS
Pernod Ricard SA announced that it has completed the acquisition of the shares in Le Maine au Bois SAS. The financial terms were not disclosed. Full Article
Pernod Ricard SA Confirms FY 2012/2013 EBIT Guidance
Pernod Ricard SA announced that it confirms its expectation to register operational profit of 6% for the full fiscal year 2012/2013. According to I/B/E/S Estimates analysts on average are expecting the Company to report full year 2012/2013 EBIT of EUR 2,325.20 million. Full Article
Pernod Ricard SA's Martell & Co Enters Into Agreement With Mr. Lassalle To Purchase 100% Of Shares In Le Maine au Bois SAS
Pernod Ricard SA announced that its subsidiary Martell & Co has entered into an agreement with Mr. Lassalle to purchase 100% of the shares in Le Maine au Bois SAS. The company, located in Saint-Eugene, which is in the Petite Champagne area within the heart of the AOC Cognac region, is recognised for its activities as a trader-winemaker, distiller and wholesaler. Closing of the acquisition should take place before June 30, 2013. Terms of the transaction were not disclosed. Full Article
Pernod Ricard SA Announces Exclusive Negotiations Regarding the Acquisition of Le Maine au Bois SAS by Martell & Co
Pernod Ricard SA announced that its subsidiary Martell & Co is conducting exclusive negotiations with Mr. Lassalle regarding the acquisition of Le Maine au Bois SAS, which is involved in distillation, storage and trade of eaux-de-vie, in the Cognac AOC. Full Article
Pernod Ricard SA Announces Completion of the Disposal of Certain Aquavit and Bitter Brands and Assets for EUR 103 Million
Pernod Ricard SA announced the completion of the sale to Arcus-Gruppen of the Danish aquavit brands Aalborg and Brondums, the German brand Malteserkreuz Aquavit and the Danish bitter brand Gammel Dansk, for a total amount of EUR 103 million. Full Article
Pernod Ricard SA Announces FY 2011/2012 Dividend Payment
Pernod Ricard SA announced that the Combined General Meeting (ordinary and extraordinary sessions) held on November 9, 2012, set the cash dividend at EUR 1.58 per share for the 2011/2012 financial year, which is an increase of 10% compared to that of the previous year. An interim dividend payment of EUR 0.72 per share having been paid on July 5, 2012, the balance amounting to EUR 0.86 per share will be detached on November 14, 2012 and paid on November 19, 2012. Full Article
United States District Court of New York Dismisses Lawsuit Brought by Colombia Against Pernod Ricard SA
Pernod Ricard SA announced that the lawsuit brought against the Company, Diageo and Seagram in New York by a number of Regional Departments of Colombia has been dismissed without prejudice. These Departments hold a constitutional monopoly for the production and distribution of spirits in Colombia. The case was originally filed in October 2004 and alleged that the defendants committed acts of unfair competition by selling their products through illegal distribution channels and received payments from organizations involved in money laundering. These allegations have always been vigorously denied by the defendants and Pernod Ricard therefore welcomes the dismissal. Pernod Ricard will continue to work with the Colombian Regional Departments in a cooperative effort to fight against smuggling and counterfeit products and to promote competitive markets that benefit consumers and producers alike. Full Article
Pernod Ricard SA Announces New Capacity In Chivas Brothers Expansion to Supply Global Demand for Its Brands
Pernod Ricard SA announced its intention to build a new malt whisky distillery and has begun the planning process for a site in Speyside. The Company is consulting the local community and planners regarding a location on the banks of the River Spey near Carron. The new distillery would supply Speyside malt whisky for the Chivas Brothers portfolio of blended whiskies to be sold around the world. Full Article
Pernod Ricard SA Announces FY 2011/2012 Dividend
Pernod Ricard SA announced that it will propose a dividend of EUR 1.58 per share for the fiscal year 2011/2012 representing a raise of 10% in comparison with the fiscal year 2010/2011 to the general meeting to be held on November 9, 2012. Full Article
Pernod stands by growth forecast after China sales drop
PARIS - French spirits maker Pernod Ricard said it still expects Chinese sales to increase in the current year after a weak quarterly performance revived concerns about prospects in its second-biggest market.
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
