Report
Arnaud Autier ...
  • Pierre Tegner

Pernod Ricard : Sale of the wine business in H2 2025 and potential disposal in India: what are the implications?

>Neutral rating maintained, target price unchanged at € 145 - After a 20-year wait, Pernod Ricard is to sell its wine portfolio as announced on 17 July 2024. This decision should help to bolster the group's pure player profile. But just how much sense the disposal makes depends primarily on the use to which the cash-in of € 1.6bn is put, not to mention the potential € 0.5bn from the future sale of Imperial Blue whisky in India. This is a sufficiently large amount to f...
Underlying
Pernod Ricard SA

Pernod Ricard produces and distributes wines and spirits. Co. produces aniseed products, vodka, whisky, cognac, rum, gin, liqueurs, champagnes and wines. Co.'s activity is organized around families of products built around brands. Its brands portfolio includes: ABSOLUT vodka, Ricard pastis, Ballantine's, Chivas Regal and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Kahlua and Malibu liqueurs, Mumm and Perrier-Jouet champagnes as well as Jacob's Creek and Brancott Estate wines. Co. is structured into four segments constituted by the following geographic regions: France, Europe (excluding France), Americas, Asia/Rest of the World.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Arnaud Autier

Pierre Tegner

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