What Sets us Apart
Pernod Ricard is best placed to capture industry growth with key strategic advantages:
A premium portfolio:
- Leading brands in all categories
- Full consumer-centricity, covering all moments of consumption
- Active portfolio management
An unrivalled distribution network:
- Direct presence in 73 countries
- Full strategic alignment from production to distribution
- Unique dual leadership in China and India
- Balance spread between mature and emerging markets
World-leading culture and values:
- Experienced, committed and renewed management team
- Highly engaged employees
- 2030 Sustainability & Responsibility strategy
Digital Capabilities:
- Digitalise and embrace technology to gain efficiency
At a Glance
wine and spirits organisation in the world
brands among the top 100 worldwide
production sites in 24 countries
reduction in water consumption since FY10
affiliates throughout the world, with distribution in 160 countries
of our employees are happy to work for Pernod Ricard
Group Financial Figures
-
€ Million
FY20 FY21 Reported Organic Sales
Gross Margin
A&P
Contribution after A&P
Structure8,448
5,086
-1,327
3,759
-1,4498,824
5,293
-1,393
3,900
-1,4774.5%
4%
5%
4%
-1%9.7%
11%
9%
12%
1%Profit from recurring Operations
Profit from recurring Operations/Sales2,260
26.8%2,423
27.5%7.2%
18.3%
213bpsNon-recurring operating income and expenses
Operating profit
Group share of Net profit
Net profit
Dividend per share (proposed) – in euro-1,283
978
329
350
2.66-62
2,361
1,305
1,318
3.12n/a
n/a
n/a
n/a
n/a -
€ Million FY20 FY21 Reported Organic Sales
2,449
2,627
7%
14%
Profit from recurring Operations
Profit from recurring Operations/Sales718
29.3%803
30.6%12%
27%
-
€ Million FY20 FY21 Reported Organic Sales 3,467 3,640 1% 4% Profit from recurring Operations
Profit from recurring Operations/Sales938
27%996
27.4%3%
12%
-
€ Million FY20 FY21 Reported Organic Sales 2,532 2,557 1% 4% Profit from recurring Operations
Profit from recurring Operations/Sales605
23.9%624
24.4%3%
12%
-
€ Million 30/06/2020 30/06/2021 Total non-current assets
of which Intangible assets and goodwill
of which Tangible assets and other assets
of which Deferred tax assets
Total current assets
of which Inventories
of which Receivables
of which other current assets
of which tax receivable
of which cash and cash equivalents and current derivatives
Assets held for sale21,953
16,576
3,699
1,678
9,485
6,167
906
323
142
1,947
8721,816
16,230
3,963
1,623
10,321
6,555
1,126
413
141
2,086
11Total assets 31,525 32,147 Total Shareholders’ equity
Total non-current liabilities
of which non-current provisions and deferred tax liabilities
of which bonds non-current
of which lease liabilities - non-current
of which non-current financial liabilities and derivative instruments
Total current liabilities
of which current provisions
of which operating payables
of which other operating payables
of which tax payable
of which bonds - current
of which lease liabilities - current
of which current financial liabilities and derivatives
Liabilities held for sale14,211
12,735
3,511
8,599
433
192
4,563
222
1,877
1,016
232
723
88
404
1615,075
12,854
3,555
8,787
405
108
4,218
163
2,337
1,134
282
70
103
128
0Total liabilities and shareholders' equity 31,525 32,147 -
€ Million FY20 FY21 Reported Profit from Recurring Operations
Amortisation, depreciation, provision movements and others2,260
3622,423
3837.2%
Self financing capacity from recurring operations 2,623 2,806 7% Decrease/(Increase) in strategic stocks
Decrease/(Increase) in operating WCR
Decrease/(Increase) in recurring WCR
Non-financial capital expenditure-310
-140
-450
-364-221
-142
-79
-388Recurring Operating cash flow 1,809 2,339 29% Financial income/(expense) and taxes -807 -593 Recurring Free cash flow 1,003 1,745 74% Non recurring items -173 -117 Free Cash Flow 830 1,628 96% -
Currency Par value Coupon Issue date Maturity date EUR € 500 m 1.875% 28/9/15 28/9/23 € 1,500 m o/w:
€ 500 m
€ 500 m
€ 500 m
0.000%
0.500%
0.875%
24/10/19
24/10/23
24/10/27
24/10/31€ 650 m 2.125% 29/9/14 27/9/24 € 1,500 m o/w:
€ 750 m
€ 750 m
1.125%
1.750%
1/4/20
7/4/25
8/4/30€ 500 m o/w:
€ 250 m
€ 250 m
1.125%
1.750%
27/4/20
7/4/25
8/4/30€ 600 m 1.500% 17/5/16 18/5/26 USD $ 1,650 m o/w:
$ 800 m
$ 850 m
4.250%
5.500%12/1/12
15/7/22
15/1/42$ 600 m 3.250% 08/6/16 8/6/26 $ 2,000 m o/w:
$ 600 m
$ 900 m
$ 500 m
1.250%
1.625%
2.750%
1/10/20
1/4/28
1/4/31
1/4/50 -
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 4.4 3.8 3.5 3.6 3.5 3.4 3.0 2.6 2.3 3.2 2.6
Note: Debt covenant triggered at 5.25x leverage -
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 1.44 1.58 1.64 1.64 1.8 1.88 2.02 2.36 3.12 2.66 3.12
