Diageo sales in 12 months to end of June dip 0.6% year-on-year at US$20.27bnPernod Ricard declines by 1% in same period to $12.91bnThe end of July saw Diageo post its full results for fiscal 2024, the 12 months to the end of June. Fast forward to last week, and Pernod Ricard announced its figures for the same period.While the former came in technically flat (-0.6%), the latter's 1% sales decrease was only just behind its arch rival's 12-month performance. While there is clear disparity in size - in sales terms, Diageo is around 43% larger than Pernod Ricard - the pair's growth rates, with the
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