Pernod Sees “Early Signs of Improvement”

Dear Client:In the three months to September 30, Pernod Ricard’s overall organic net sales declined -4% in line with the company’s expectation, beating Diageo (-6%) and LVMH (-11%). Pernod said Q1 was “satisfactory” compared to a record Q1 in 2008. They also see “early signs of improvement...in certain markets,” including duty free and depletions in … Continue reading "Pernod Sees “Early Signs of Improvement”"

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