Published On 08/30/2012

2011/2012 full-year Sales and Results

Pernod Ricard reports
its best growth since 2007/08

In summary:

In 2011/12, Pernod Ricard achieved its best growth since 2007/08, exceeding the financial targets that had been announced.

  • accelerated sales growth to +8%(1)
    • growth(1) in profit from recurring operations of +9% compared to a target of “close to +8%(1)
    • significant improvement in operating margin rate (+75 bps)
    • completion of debt refinancing and accelerated debt reduction with a net debt to EBITDA ratio(2) of 3.8 at 30 June 2012 compared to a guidance of “close to 3.9”
    • proposed dividend of €1.58 per share, an increase of +10%


Pierre Pringuet, Chief Executive Officer of the Group, commented:


"Throughout the 2011/12 financial year, the Group recognised its best growth rates since the 2008 crisis, be it for the top or bottom line. This is the result of a clear and constant strategy: substantial investments in our brands, innovation, premiumisation and geographic expansion. This performance also derives from a unique, decentralised organisation founded upon the motivation and the accountability of men and women, that Patrick Ricard bestowed upon us." He also added : "Despite the economic uncertainty, we are confident in the Group's ability to deliver solid growth this year as well."


In line with its standard practice, Pernod Ricard will communicate its earnings targets for the current financial year as part of its communication on 1st quarter 2012/13 sales on 25 October 2012.

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About Pernod Ricard

Pernod Ricard is the world’s n°2 in wines and spirits with consolidated Sales of € 8, 987 million in FY18. Created in 1975 by the merger of Ricard and Pernod, the Group has undergone sustained development, based on both organic growth and acquisitions: Seagram (2001), Allied Domecq (2005) and Vin&Sprit (2008). Pernod Ricard holds one of the most prestigious brand portfolios in the sector: 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, Mumm and Perrier- Jouët champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo and Kenwood wines. Pernod Ricard employs a workforce of approximately 18,900 people and operates through a decentralised organisation, with 6 “Brand Companies” and 86 “Market Companies” established in each key market. Pernod Ricard is strongly committed to a sustainable development policy and encourages responsible consumption. Pernod Ricard’s strategy and ambition are based on 3 key values that guide its expansion: entrepreneurial spirit, mutual trust and a strong sense of ethics.  Pernod Ricard is listed on Euronext (Ticker: RI; ISIN code: FR0000120693) and is part of the CAC 40 index.

Contacts Pernod Ricard

Julia MASSIES VP, Financial Communication & Investor Relations Tel: +33 (0)1 41 00 41 07

Adam RAMJEAN Investor Relations Manager Tel: +33 (0)1 41 00 41 59

Fabien Darrigues External Communications Director Tel: +33 (0)1 41 00 44 86

Alison DONOHOE Press Relations Manager Tel: +33 (0)1 41 00 44 63

Emmanuel VOUIN Press Relations Manager Tel: +33 (0)1 41 00 44 04