The head of Pernod Ricard's Europe, Middle East & Africa and Latin America businesses has maintained an upbeat tone about the future for premium spirits despite the current macroeconomic headwinds.
On a call with analysts this week, Gilles Bogaert, who was group CFO until 2018, fielded a question on the risk for spirits in general and Pernod Ricard specifically of consumers trading down. In his response, Bogaert described the company's sales performance, which in the three months to the end of September was up 11%, as "so far, so good".
"Consumer demand remains strong and we don't se
If you work for any of the following corporate subscribers to Global Drinks Intel, head here to activate your access.
This article is available to Global Drinks Intel members only.
Click below for details on how to join the Global Drinks Intel community.
Already a member?
Log in here to read the article in full.
If you work for any of the following corporate subscribers to Global Drinks Intel, head here to activate your access.
- AB InBev
- Bacardi
- Campari Group
- Diageo
- Moët Hennessy
- Pernod Ricard
- Proximo Spirits
- Suntory Global Spirits
- William Grant & Sons
