sur PERNOD RICARD (EPA:RI)
Pernod Ricard 2024/25 Financial Review: Resilience Despite Cyclical Challenges
Pernod Ricard announced a 3% organic decline in its 2024/25 sales to €10,959 million, impacted by economic difficulties in China and the United States. Current operating profit (COI) decreased slightly by 0.8% organically, although the operating margin improved thanks to efficiency programs.
In the Americas, the spirits market remains stable despite weak consumer confidence in the United States. Asia-Rest of the World shows disparate growth, with strong demand in India but a significant decline in China linked to a complex economy.
In Europe, revenue remained stable excluding Russia, while Global Travel Retail suffered a 13% decline, impacted by the suspension of Cognac imports into China. For 2025/26, Pernod Ricard expects sales to recover and strategic adjustments to support the desirability of its brands.
R. P.
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