Pernod Ricard reports Q1 FY27 organic sales decline amid volatile markets
Organic net sales fell 0.9%, with declines in the US and China offset by growth in India and other regions.
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Global producer and distributor of wines and spirits
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In short: Pernod Ricard issued €1.5 billion in hybrid bonds and accepted €1.2194 billion in debt buybacks.
Organic net sales fell 0.9%, with declines in the US and China offset by growth in India and other regions.
Free cash flow rose 6%, dividend stays stable at €4.70, and management targets mid-term revenue growth exceeding 3%.
The talks on a potential business combination ended without agreement due to unacceptable terms. Pernod Ricard remains focused on its strategy.
Organic net sales grew +0.1% in Q3, -4.4% YTD. Volumes improved with Strategic International Brands up +3%. Full-year outlook: -3% to -4% organic decline.
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