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Pernod Ricard SA (PERP.PA)

PERP.PA on Paris Stock Exchange

139.00EUR
20 Apr 2018
Change (% chg)

€0.30 (+0.22%)
Prev Close
€138.70
Open
€139.05
Day's High
€139.40
Day's Low
€138.30
Volume
467,468
Avg. Vol
443,620
52-wk High
€141.90
52-wk Low
€112.10

Latest Key Developments (Source: Significant Developments)

Pernod eyes low single digit sales growth in Europe mid-term
Thursday, 22 Mar 2018 

March 22 (Reuters) - Pernod Ricard Chairman and CEO for EMEA and LATAM Christian Porta tells analysts on a call: about the region::Medium and long-term ambition is for low single digit sales growth in Europe, expects more growth in Eastern Europe than in Western Europe.Medium and long-term ambition is for high-single digit to low double digit sales growth in Africa, Middle East..Pernod Ricard also wants to accelerate sales growth in LATAM in the medium and long-term."Very positive" over future growth prospects of tequila in the United States and outside the U.S..Says Mescal will be a focus for the group in Mexico, the U.S. as well as in European markets and in Africa..Says rising Agave prices have substantially increased costs for tequila. Thinks Agave prices are now not far from the top of the curve. Group trying to increase its prices in its top markets..Sales grew 7 pct in first half of FY 2017/18 in the EMEA & LATAM region, with emerging markets the key growth drivers thanks to an acceleration of A&P investment focused on strategic brands like Absolut, Chivas and Jameson. .A&P investment have increased by more than 40 percent since first half 2015 in emerging markets..  Full Article

Pernod Ricard Acquires Remaining Stake In Avión Tequila
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - PERNOD RICARD SA ::PERNOD RICARD ACQUIRES REMAINING STAKE IN AVIÓN TEQUILA.  Full Article

Pernod CEO says e-commerce makes less than 5 percent of sales
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Pernod Ricard CEO Alexandre Ricard tells the annual shareholders meeting::E-commerce currently makes less than 5 percent of group sales.There are no problems with the inventories of the group's brands .  Full Article

Pernod has financial leeway for deals of a significant size-CEO
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Pernod Ricard CEO Alexandre Ricard tells the annual shareholders meeting::Group has regained financial flexibility for making acquisitions of a significant size if the opportunity arose..Net debt to EBITDA level now below that reached before the acquisition of Absolut vodka in 2008.  Full Article

Pernod satisfied with Martell cognac inventory levels - CFO
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Pernod Ricard finance chief Gilles Boaert tells analysts::Says "very happy" with the inventory we have on Martell cognac, "we have the right supply to deliver on the ambition we have on Martell"..Says expects "tough" year in france after Q1 sales in France fell 4 percent.Says says California fires will have an impact on wine supply in the region, group production assets and wineyards in region are safe..  Full Article

Pernod Ricard completes sales of Frïs vodka
Friday, 30 Sep 2016 

Pernod Ricard statement: Sells Frïs vodka to Sazerac . Value of transaction is not being disclosed. . The disposal is in line with the Pernod Ricard's strategy to focus on its priority spirits and wines brands. . Frïs Vodka is a standard vodka selling 250,000 9-litre cases in the USA annually. .Sazerac is one of New Orleans's oldest family owned, privately held companies.  Full Article

Pernod Ricard places $600million of notes
Thursday, 2 Jun 2016 

Pernod Ricard : Pernod ricard places $600million of notes . Final maturity: June 8th, 2026 .Coupon: 3.25 pct.  Full Article

Stock levels in China "close to normal level"-Pernod Asia CEO
Tuesday, 31 May 2016 

Pernod Ricard SA CEO for Asia Philippe Guettat tells a call with analysts: Cognac, whisky stock levels in China are "close to a normal level". "We are where we should be". . .  Full Article

Too early to say if Pernod FY 16/17 China sales to pick up-Asia boss
Tuesday, 31 May 2016 

Pernod Ricard SA CEO for Asia Philippe Guettat tells a call with analysts:Says it is too early to say if China sales will return to growth in FY 2016/17..  Full Article

Pernod Ricard to list a EUR 600 mln bond on Euronext Paris - Euronext
Monday, 16 May 2016 

Euronext: As of May 17 Pernod Ricard SA will list a 600 million euro ($679.5 million) bond on Euronext Paris . Issue price: 99.871 pct . Interest rate: 1.5 pct . Redemption date: May 18, 2026 Further company coverage: [PERP.PA] ($1 = 0.8830 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

UPDATE 2-Pernod Ricard gives more upbeat profit outlook as China sales soar

* Larger impact on profit from FX rates, sees weaker Q4 (Adds CFO comments, shares, analysts)