Pernod posts 11% sales and 20% net profit increases

16 February, 2012

Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.

The French-based global premium drinks company reports a dynamic sales (+11%) driven by its top 14 global brands improved margins and accelerated profits growth (+17%).

Key figures:

- Sales: € 4,614 million (+8%, organic growth +11%), driven by the Top 14 (+14%(1)) and emerging markets (+18%(1));

- Advertising & promotion expenditure: up 8%(1), representing a stable A&P to sales ratio;

- Profit from recurring operations: € 1,379 million (+14%, organic growth +17%);

- Group share of net profit from recurring operations: € 843 million (+16%);

- Group share of net profit: € 800 million (+20%);

- Continued strong deleveraging: Net Debt/EBITDA ratio(2) of 3.9 at 31 December 2011 vs. 4.4 at 30 June 2011.

Printer friendly version
Email this article to a friend
Keywords: global, pernod, sales, increase, growth, top, net, 20%, 11%, driven, net profit, 11% driven, top 14, profits growth, accelerated profits, 14 global brands, global brands improved, brands improved margins, profits growth 17%, accelerated profits growth




Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Ben Branson

Ben Branson on the future of non-alc spirits

In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.

Instagram

Facebook

Twitter