As part of its share buyback program announced on 1 September 2022 (€750m confirmed for FY23 during the half-year results publication), Pernod Ricard has signed an agreement with an investment services provider, whereby Pernod Ricard will undertake to acquire its own shares for a maximum amount of c. €300m over a period starting on February 20th, 2023 and possibly extending until April 06th, 2023.
The price of the shares purchased under this mandate shall not exceed the limit of €320 per share as set by the Pernod Ricard Shareholders’ Meeting held on November 10th, 2022.
On the same topic
Q3 FY23 Sales
Very strong broad-based sales growth 9M FY23: +8% (9M reported sales: +13%)
Organic growth in profit from recurring operations of c. +10% with some expansion in organic operating margin
Invitation - Third Quarter FY23 Sales
Thursday 27 April 2023
Hélène de Tissot, Group Finance, IT & Operations Director, and Florence Tresarrieu, Global SVP Investor Relations & Treasury, will present Pernod Ricard’s third quarter FY23 Sales during a webcast to be held on Thursday 27th April at 9:00am (CEST).
H1 FY23 Sales and Results
Very strong broad-based growth of sales and pro in first half strong pricing dynamic, maintaining overall volume growth, sustaining margins +12% organic sales growth (+19% reported) +12% organic growth in pro (+21% reported).
About pernod ricard
Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive portfolios in the industry with over 240 premium brands distributed across more than 160 markets. Pernod Ricard’s portfolio includes Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur or Mumm and Perrier-Jouët champagnes. The Group’s mission is to unlock the magic of human connections by bringing “Good Times from a Good Place”, in line with its Sustainability and Responsibility roadmap. Pernod Ricard’s decentralised organisation empowers its 19,480 employees to be on-the-ground ambassadors of its purposeful and inclusive culture of conviviality, bringing people together in meaningful, sustainable and responsible ways to create value over the long term. Executing its strategic plan, Transform & Accelerate, Pernod Ricard now relies on its “Conviviality Platform”, a new growth model based on data and artificial intelligence to meet the ever-changing demand of consumers. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.