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Pernod Ricard Group 1HFY2010 revenue down 10%, profit also down

22-Feb-2010 12:00 PM

France’s Pernod Ricard Group revenue down 10% - financial highlights for the six months ended 31-Dec-2009:

  • Revenue: EUR3,789 million, -10% year-on-year;
  • Profit from recurring operations: EUR1,196 million, -11%;
  • Net profit: EUR625 million, -2%. [more]

Pernod Ricard: “These factors enable us to confirm our guidance for organic growth of 1% to 3% in profit from recurring operations for the full 2009/10 financial year, while increasing the investment in strategic brands and markets,Pierre Pringuet, CEO. Source: Pernod Ricard, 18-Feb-2010.