Pernod Ricard reports results for FY18!

Pernod Ricard

Pernod Ricard reported earlier this week an organic sales growth of +6% in the financial year of 2018 compared to a +3.6% growth in financial year 2017.

The overall sales of brands in their Scotch portfolio, in the subsidiary Chivas Brothers, grew by +3%, compared to stable in financial year 2017. 

Chivas Regal, Ballentine’s, and Glenlivet all enjoyed an individual increase of organic sales growth of +5% each. Best performers are Jameson and Martell, both seeing a +14% organic sales growth.

Expectasions for financial year 2019 is a growth between +5% and +7% in Profit from Recurring Operations.

 

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