2008/2009 Combined Shareholders' Meeting11/02/2009
Organic growth in profit from recurring operations of between +1% and +3% for 2009/10 with an increase in advertising and promotion investment behind strategic brands
The Group reaffirms its confidence in the quality of the portfolio and in the strength of the distribution network, particularly in emerging countries. The Group highlights that, even if the general economic environment remains difficult, particularly in Europe, early signs of improvement are appearing in certain markets.
In this context, and given a start to the year in line with the Group’s expectations, Pierre Pringuet announces “targeting 2009/10 organic growth in profit from recurring operations of between +1% and +3%, with an increase in advertising and promotion investment behind strategic brands”.
Below are the major dates on the financial communication calendar for the coming year*:
- Trading Statement 1st HY 2009/10: Thursday 14 January 2010
- 2009/10 Half-year results: Thursday 18 February 2010
- 2009/10 3rd Quarter sales: Wednesday 29 April 2010
- Trading Statement FY 2009/10: Friday 16 July 2010
- 2009/10 Annual results: Thursday 2 September 2010
- 2010/11 1st Quarter sales: Thursday 21 October 2010
- 2009/10 Combined General Meeting: Wednesday 10 November 2010
* Pernod Ricard’s financial year starts on 1 July and ends on 30 June of the following year.
About Pernod Ricard
Pernod Ricard is the world’s n°2 in wines and spirits with consolidated Sales of € 8,558 million in 2014/15. 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, Kahlúa and Malibu liqueurs, Mumm and Perrier- Jouët champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo, Graffigna and Kenwood wines. Pernod Ricard employs a workforce of approximately 18,000 people and operates through a decentralised organisation, with 6 “Brand Companies” and 80 “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 42 14
Sylvie MACHENAUD / Director External Communications
Tel: +33 (0)1 41 00 42 74
Emmanuel VOUIN / Press Relations Manager
Tel: +33 (0)1 41 00 44 04
Apolline CELEYRON / Press Relations Officer
Tel: +33 (0)1 41 00 40 97