Sales from three months to end of December - Pernod Ricard's fiscal Q2 - decrease by 4% to EUR3.55bn (US$3.8bn)
Six-month sales down 3% at EUR6.59bn
US "market normalisation" continues, top line falls 7%
China dips 9% as Europe slips by 4%
Following the financial first quarter's sales decline of 2%, the Chivas brand owner today reported a -4% performance in fiscal Q2, to the end of December. The resultant 3% decrease in sales for the six-month period was countered by the forecast of "broadly stable ... sales in (the) full year", to the end of June.
In the quarter to the end of
Pernod Ricard expecting ‘broadly stable’ full year despite ongoing sales dip – results data
Pernod Ricard is targeting a flat 12 months for sales despite a widening decline in the closing quarter of 2023.

Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.



