Pernod Ricard SA (PERP.PA)
Wed, Aug 29 2018
PARIS French spirits maker Pernod Ricard has predicted lower than expected profit growth in the current financial year, briefly knocking its shares to a four-month low.
* Eyes 5-7 pct rise in 18/19 underlying profit vs f'cast 7.4 pct
PARIS, Aug 29 French spirits maker Pernod Ricard on Wednesday said sales and profit growth accelerated in full year 2017/18, driven by strong demand in China and India, as well as robust sales in the United States, its top market.
SYDNEY Wine shipments from Pernod Ricard's Australian business have been held up at Chinese ports, two sources told Reuters, the first foreign company to be harmed by a deterioration in relations between Australia and China.
* Larger impact on profit from FX rates, sees weaker Q4 (Adds CFO comments, shares, analysts)
PARIS, April 19 French spirits maker Pernod Ricard said on Thursday that sales growth accelerated sharply in the third quarter, leading Pernod to give a more optimistic financial outlook compared to before.