Pernod Ricard : Solid 2018-19 results. Dividend increased and launch of a € 1bn share buyback programme
>Q4 organic sales growth higher than expected at 5% - Pernod Ricard has published 2018-19 sales of € 9,182m, up 5.3% on a reported basis and 6% organic. This reflects higher-than-anticipated organic growth in Q4 of +5% vs the consensus estimate of +4%. The Asia and rest of the world zone drove growth in Q4 with sales up +14%, underpinned by China and India. Sales in South Korea were still penalised by the outsourcing of the distribution for the whisky brand Imperial, ...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.
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