Sales in six months to end of December decrease by 4% to EUR6.18bn (US$6.42bn)Final calendar quarter - group's fiscal Q2 - down 3%Martell cognac brand "contributing to circa 90%" of total half-year sales declinePernod Ricard has reported its latest results earlier than expected, prompted by a switch of its near-term guidance to a decline in sales.The group, which was scheduled to announce the figures from the six months to the end of December in a week's time, said today that its top line in fiscal H1 fell 4%. The closing quarter of 2024 (fiscal Q2) improved on the previous three-month period,
Martell drags Pernod Ricard into negative for half year, outlook bleak for months ahead – results data
From a sales growth forecast for fiscal ’25 to a low single-digit decline expectation in under four months.

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.


