FRANCE/INTERNATIONAL. Pernod Ricard has announced sales of €4.57 billion for the first nine months of its financial year, a rise of +67.4% over the corresponding period last year.
The strong growth resulted from a significant increase in the scope of consolidation, which included an eight-month contribution from Allied Domecq and the disposal of brands such as Bushmills, Seagram’s Vodka, Larios and Glen Grant. It also recorded a +4% rise in organic sales excluding bulk spirits and enjoyed a +3.9% favourable exchange rate impact.
Pernod’s premium brands recorded strong growth from the beginning of the financial year, as follows: Chivas Regal (+10%), Jameson (+14%), Martell (+6%), The Glenlivet (+14%). Sales value of Pernod’s key brands increased by an aggregate +7%.
It was also a good quarter for ex-Allied Domecq brands. Stolichnaya sales rose +39% in the period, Malibu +17%, Beefeater +20%, Kahlua +9% and Ballantine’s +9%.
MORE STORIES ON PERNOD RICARD
Pernod Ricard finalises whisky brands sale to Campari – 16/03/06
Pernod Ricard, Corby in Canadian market tie-up – 08/03/06
Pernod Ricard nets US$1.7 billion from Dunkin’ sale – 02/03/06
Allied advances Pernod Ricard as premium brands soar – 09/02/06
