French drinks giant, Pernod Ricard, has reported a fall in sales globally of -4% for the first half of the 2025 financial year. Falls in sales were seen across all major markets.
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Pernod Ricard, the world’s second-largest spirits group, reported revenue slump of 8.5% to €2.783 billion and a 5.9% organic decline for the first quarter of fiscal year 2025, as a challenging macroeconomic environment in China and ongoing inventory adjustments in the US contributed to an underwhelming performance.
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Pernod Ricard, the world’s second-largest wine and spirits seller has announced a 12% increase in sales for H1 FY23.
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Pernod Ricard, the No.2 worldwide producer of wines and spirits, has announced its sales for the first nine months of FY22, and the results are very strong despite a volatile global market.
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