Pernod Takes Pricing in Q1
Coming off an exceptionally good fiscal 2012 (a 9% increase in organic profit), Pernod Ricard's overall organic growth for its first quarter ending September 30 increased 5%. In the US the company showed strong momentum, driven by improvement in underlying trends, pricing acceleration, a catch-up on shipments following excellent depletions in June, and early order taking ahead of price increases and the holiday season.
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