Pernod Ricard welcomes the conclusion of China’s MOFCOM Cognac Anti-Dumping investigation and agrees to a minimum price undertaking. This agreement does not constitute an acknowledgment of dumping practices.
Pernod Ricard regrets the increase in the cost of operating in China but notes that the additional costs arising from the agreed minimum price undertaking are significantly less than would be the case if the provisional Anti-Dumping tariffs had been made permanent.
As this process concludes, Pernod Ricard remains committed to long term sustainable growth in China, one of our four Must Win markets, leveraging its market leading position in Cognac, and in International Spirits, that it has successfully built over its decades long engagement in the country.
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Pernod ricard successfully completes €1.2 billion of bond issuance
Read moreNot for distribution directly or indirectly in Canada or Japan. The distribution of this document in certain jurisdictions may be restricted by law. Persons who come into possession of this document are required to inquire about, and comply with, potential local restrictions. This document does not constitute an offer, or an invitation to apply for, or an offer or invitation to purchase or subscribe for any securities either in the United States or in any other jurisdiction. Securities may not be offered or sold in the United States, or to or for the account or benefit of U.S. persons (as defined in Regulation S under U.S. Securities Act of 1933), unless they are registered or exempt from registration under the U.S. Securities Act of 1933, as amended. Pernod Ricard does not intend to register the offer detailed in the press release, in whole or in part, in the United States, and nor does it intend to carry out any public offer in the United States.
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Invitation - FY26 First Quarter Sales & Results
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Third Quarter FY25 Sales and Results
Read moreRESILIENT PERFORMANCE YTD IN A VOLATILE CONTEXT, CONFIRMING FY25 OUTLOOK
Q3 FY25 ORGANIC NET SALES DECLINE -3% (-3% REPORTED)
YTD ORGANIC NET SALES DECLINE -4% (-5% REPORTED)
About pernod ricard
Pernod Ricard is a worldwide leader in the spirits and champagne industry, blending traditional craftsmanship, state-of-the-art brand development, and global distribution technologies. Our prestigious portfolio of premium to luxury brands 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 and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term growth of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to € 10,959 million in fiscal year FY25.
Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code: FR0000120693) and is part of the CAC 40 index