Pernod Ricard SA (PERP.PA)
16 Oct 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
LONDON, Aug 29 European shares rose slightly at the open on Wednesday as optimism triggered by the U.S./Mexico deal gradually fizzled and uncertainty grew about a similar agreement with Canada and a lasting solution to the trade spat with China.
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.
TOKYO Japan and the European Union are set to sign a free-trade deal on Tuesday to remove nearly all customs duties and boost market access for Japanese car makers and European food exporters.
LONDON/CANNES, France This spring, Pernod Ricard's Malibu Rum paid American singer Nick Jonas to host a competition in Vietnam that began with 33 Instagram stars battling to catch fake pineapples while flying off a giant waterslide into the sea.
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.