Press releases
11/07/2001 : Pernod Ricard 9 month sales figures
Paris, 7 November 2001 - Pernod Ricard today announces turnover excluding duty and taxes of 3.33 billion Euros for the nine months to the end of September 2001, an increase of 5.9%. On a constant structural and currency basis, sales increased by 6.3%.
Turnover, excluding duty and taxes, for the Group's core spirits and wine business, is up by 8.7% to 1.3 billion Euros (an increase of 9.3% on a constant structural and currency basis). All regions contributed to this growth, sales in France having increased by 6.9%, in Europe by 13.5 % and Rest of World by 3.1%. In the third quarter of 2001, organic growth in this sector was 4.7%.
The Group's ten most profitable brands also sustained good growth rates:
| 9 months 2001 | 12 months ending September | |
| - Jacob's Creek | + 20 % | + 25 % |
| - Ramazzotti | + 21 % | + 19 % |
| - Havana Club | + 16 % | + 14 % |
| - Clan Campbell | + 12 % | + 12 % |
| - Jameson | + 11 % | + 10 % |
| - Ricard | + 4 % | + 1 % |
| - Bushmills | + 7 % | 0 % |
| - Pastis 51 | + 6 % | + 2 % |
| - Larios | 0 % | + 1 % |
| - Wild Turkey | 0 % | + 6 % |
| Total | + 9 % | + 11 % |
| Total Spirits | + 4 % | + 4 % |
| Total Wines | + 3 % | + 3 % |
Jacob's Creek, Ramazzotti, Havana Club, Clan Campbell and Jameson all enjoyed very strong growth. Following increased sales during the first half of the year, Ricard's sales have now resumed their usual growth rates.
The Distribution sector also experienced strong growth, with turnover of 1 billion Euros (up 10.8% on a constant structural and currency basis). Slightly unfavourable currency effects (- 1.1%) combined with structural effects of 3.8% further to the integration of Daunts in 2000, resulted in a growth of 13.4%.
Turnover for the Fruit Processing sector (soft drinks and fruit preparations) is 1 billion Euros, down slightly (- 1%) on a constant structural and currency basis.
Pernod Ricard also confirms the disposal of Orangina Pampryl and Yoo-Hoo to Cadbury Schweppes on 31 October 2001. The value of the sale amounts to 700 million Euros for activities in continental Europe, North America and Australia and the Group has an option to sell its soft drinks activities outside these three zones for 35 million Euros.
Patrick Ricard, Group Chairman and Chief Executive Officer, said: 'Despite the events of 11th September, which have had so far a limited impact on our North American and Duty Free sales, we stand by our forecast for the spirits and wine business made at the time of our half year results.'
For further information, please contact :
Alain-Serge Delaitte : +33 1 40 76 77 12
Vice President of Communications
