Pernod Ricard 3Q Sales Rose

Date : 18/04/2019 @ 08h21
Source : Dow Jones News
Valeur : Pernod Ricard (RI)
Cours : 167.7  -0.95 (-0.56%) @ 17h39
Pernod Ricard Cours Graphique

Pernod Ricard 3Q Sales Rose

Pernod Ricard (EU:RI)
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6 Mois : De Avr 2019 à Oct 2019

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   By Pietro Lombardi 

Pernod Ricard SA (RI.FR) said it targets full-year organic growth in profit from recurring operations at the top of its target range after third-quarter net sales rose.

Sales for the period were 2 billion euros ($2.26 billion), including 2.5% organic growth and 4.5% reported growth, the company said Thursday.

The maker of Absolut vodka and Jameson whiskey now expects organic growth in profit from recurring operations of about 8%, at the top end of its previously stated range of between 6% and 8%.

"Growth was very strong and diversified in the first nine months of FY 2019, responding to our long-term investment strategy," Chief Executive Alexandre Ricard said.

"For full-year FY 2019, in an environment that remains uncertain, we aim to continue dynamic and diversified growth across our regions and brands."


Write to Pietro Lombardi at


(END) Dow Jones Newswires

April 18, 2019 02:06 ET (06:06 GMT)

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