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“Soft” start for Pernod Ricard as quarterly sales slip – results data

Olly Wehring
Last updated: 19/10/2023 at 12:00 AM
By Olly Wehring
19 October 2023
1 Min Read

Pernod Ricard has seen its most recent sales performance slide into reverse as the group’s top line fell by 2% in the three months to the end of September.


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Three-month sales - to end of September - dip 2% to EUR3.04bn [US$3.21bn] US and China both decline by 8% on corresponding quarter in 2022 Sales growth target set at between 4% and 7% for full fiscal year Pernod Ricard has seen its most recent sales performance slide into reverse as the group's top line fell by 2% in the three months to the end of September. The decline, which follows the previous quarter's [to end of June] +19% sales leap, was led by a marked downturn in the US, which is undergoing a "normalising market context", the company said today. Also dragging was China,

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

TAGGED:Pernod Ricard
Olly Wehring
ByOlly Wehring
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.
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