Pernod Ricard H1 sales up
French wines and spirits company Pernod Ricard has reported 8% rise in sales to EUR4,614m during the first half year (H1) of 2011/12, driven by continued dynamic growth in emerging markets and solid growth in mature markets.
Pernod Ricard's net profit for the six months period that ended 31 December 2011 reached EUR800m, a 20% increase compared to the same period in 2010/11.
The company has posted growth in net revenue for the half year 2011/12 of 8% to EUR4.61bn, as a result of organic growth in company's 14 key brands, including Absolut, Havana Club and Chivas Regal.
Pernod generated 18% organic growth in Asia driven by strength in China, India, Vietnam and Taiwan.
Pernod Ricard CEO Pierre Pringuet said the results demonstrate the strength of their business model (vast portfolio of premium brands, wholly-owned global distribution network) as well as the pertinence of choices (sustained brand investment, development in emerging markets), constituting a real competitive advantage in the current economic environment.
Related Insight
Suppliers Directory
Non-alcoholic Fruit Juice Energy & Sports Drinks Dairy Hot Drinks Soft Drinks Bottled Water
Technology Brewing Catering Equipment Packaging Process Technology
Markets & Regulations Markets Regulatory & Safety
Spirits Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Buy online from $449
Comments may be moderated for spam, obscenities or defamation.