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Pernod Ricard SA (PERP.PA)

PERP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Pernod Ricard CFO says group looking at targeted acquisitions
Thursday, 31 Aug 2017 03:20am EDT 

Aug 31 (Reuters) - Pernod Ricard CFO Gillles Bogaert tells Reuters::Says unlikely to stabilise Absolut vodka sales in U.S. in fy 2017/18, more likely to reach that goal in next 2-3 years.Pernod ricard cfo says decline in group debt increases leeway for acquisitions, group looking at targeted acquisitions.  Full Article

Pernod eyes improvement in India sales from Q2 FY 2017/18
Thursday, 31 Aug 2017 01:58am EDT 

Aug 31 (Reuters) - Pernod Ricard slides show that::China sales up 2 percent in fy 2016/17 versus 9 percent decline in fy 2015/16.Penod Ricard says Martell cognac up 6 percent in China in FY 2016/17 with growth across whole range, including a return to growth for Cordon bleu, driving positive mix for the brand..Pernod Ricard says Chivas still struggling in China but new commercial and marketing strategy being implemented to improve performance in FY 18.Pernod ricard says India sales up 1 percent in FY 2016/17, highway ban dampening effect on Q4 to continue, to a lesser extent, in H1 FY 18..Pernod Ricard says india expected to improve in FY 18 versus FY 17 starting in Q2.Pernod ricard says Absolut vodka sales still down in the u.s. in a worsening category in FY 2016/17.Pernod ricard says global Chivas sales down 3 percent in FY 2016/17, due to China being in double-digit decline.Pernod Ricard says confident in ability to deliver medium-term objectives: sales growth 4-5 percent, improvement in profit from recurring operations margin.For FY 18, Pernod ricard expects good sales growth to continue in U.S., China, Europe, Jameson and innovation.Pernod Ricard expects FY 17/18 sales to improve versus FY 16/17 in india and for Chivas.  Full Article

Pernod agrees to buy Del Maguey Single Village Mezcal
Wednesday, 7 Jun 2017 11:45am EDT 

June 7 (Reuters) - Pernod Ricard SA :Pernod Ricard says agrees to take majority stake in Del Maguey Single Village Mezcal.Says transaction to close in 90 days.  Full Article

Pernod still eyes sales growth of over 5 pct in Asia mid-term
Monday, 15 May 2017 09:08am EDT 

May 15 (Reuters) - Pernod Ricard CEO for Asia Philippe Guettat tells a conference call::Achieving mid-term Asia sales growth above mid-single digit remains the goal .Pernod Ricard does not plan to take price increases in china for the time being .Pernod working on turnaround plan for Chivas in China.  Full Article

Pernod Ricard keeps mid-term growth goals
Thursday, 20 Apr 2017 02:41am EDT 

April 20 (Reuters) - Pernod Ricard Chief Financial Officer Gilles Bogaert tells Reuters by phone::Hopes Indian sales should be close to being stable in full year 2016/17.Keeps mid-term goal to stabilise Absolut voadka sales in U.S..Reiterates mid-term goal to grow group sales by 4-5 percent.  Full Article

Pernod Ricard eyes improvement in China
Thursday, 20 Apr 2017 01:48am EDT 

April 20 (Reuters) - Pernod Ricard says in slides released along its third-quarter sales that for full year 2016/17 ending June 30::It expects good growth to continue in U.S and Europe, as well as for Jameson whiskey worldwide..It expects an improvement versus FY 2015/16 in China, global travel retail and Absolut vodka .It expects a temporary deceleration in India, due to certain regulatory measures. .  Full Article

Pernod Ricard confident over Emea/Latam region sales growth
Wednesday, 29 Mar 2017 09:51am EDT 

Pernod Ricard Chairman and CEO for Europe, Middle East Africa & Latin America Christian Porta tells a conference call with analysts: Wants to have price increases in Britain in place in April-May, will not give further details as currently negotiating with trade partners. . Pernod Ricard "quite confident" it can achieve over full year the 4 percent sales increase in Emea/Latam region it recorded in H1 .Pernod Ricard has no plans to open new markets in Africa in the short term in view of challenging macroeconomic nd geopoliical conditions. Group already present in seven countries in Africa..  Full Article

Pernod expects to stabilise Absolut vodka sales in U.S. mid-term
Thursday, 9 Feb 2017 03:13am EST 

Pernod Ricard CFO tells conference call: Pernod Ricard still expects to stabilise Absolut vodka sales in U.S. in medium-term . .  Full Article

Pernod Ricard H1 sales up 4 pct in China
Thursday, 9 Feb 2017 01:38am EST 

Pernod Ricard says in slides: China sales up 4 percent in H1 , clear improvement driven by Martell cognac, up 10 pct, scotch whiskies still suffering - slides .Pernod Ricard says demonetisation mainly impacted local whisky brands in india , expects further impact of demonetisatin in H2 - slides.  Full Article

Pernod confident on FY 2017 mid-single digit U.S. sales growth goal-slides
Tuesday, 6 Dec 2016 02:56am EST 

Pernod Ricard slides released ahead of a conference call on North America say: Pernod Ricard on track to achieve mid-single digit U.S. sales growth goal in FY 2017 - slides . Pernod ricard says medium-term goal remains to stabilize Absolut vodka brand in the U.S. - slides . North America is a critical market for Pernod Ricard, accounting for 21 pct of global sales . The U.S. alone makes 19 percent of group sales .Sees U.S. spirits market long term value growth of 4 pct, market growth currently stabilizing close to its long-term trend after strong recovery in 2015.  Full Article

Fitch Affirms Brown-Forman's Ratings at 'A'; Outlook Revised to Stable from Negative

(The following statement was released by the rating agency) NEW YORK, September 20 (Fitch) Fitch Ratings has affirmed Brown-Forman Corporation's (Brown-Forman) ratings including the Long-Term Issuer Default Rating (IDR) at 'A' and Short-Term IDR at 'F1'. The Rating Outlook has been revised to Stable from Negative. A full list of ratings follows at the end of this release. Brown-Forman's affirmation and Outlook revision to Stable reflects an improving financial profile due to expectations for dec