Pernod Ricard spirits reveal a +5 % increase in sales
While the group had published stable sales over a year last summer, Pernod Ricard reported a +5% increase in sales for the first half of its 2018/2019 financial year.
This time, “facial” growth is on track, as is organic growth. Driven by a more favourable currency effect and by an acceleration in the performance of its strategic brands, Pernod Ricard saw its sales increase by +5% from 1 July to 31 December 2018 to €5.2 billion. Over this period, corresponding to the first half of its 2018/2019 financial year, the wine and spirits group also reported an organic growth of +8%. These are more satisfactory results than those published last summer, when over the past year, the turnover of the world’s No. 2 spirits company stagnated despite an internal growth of +6%.
In detail, the growth of Pernod Ricard’s star brands plays an important role :
- Martell cognac (+23%)
- Perrier-Jouët champagne (+12%)
- Royal Salute whiskies (+15%)
- The Glenlivet (+11%)
- Jameson (+8%)
- Ballantine’s (+8%)
- Chivas Regal (+7%)
- Beefeater (+9%): it benefits from the revival of the gin market
- Pastis Ricard (+5%): it is finally no longer in the red.
All this does not prevent other more discreet brands such as the Lillet aperitif, Monkey 47 gin and Altos tequila from recording a two-digit score overall as well.
Don’t drink and drive. Enjoy responsibly.
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