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Trading Statement

01/13/2009

Since Pernod Ricard will be communicating its First Half Sales at the same time as its Results for the period (February 13th this year), from now on a trading statement will be issued in the days following closure of the Half-Year

Trading Statement

Download the press release (pdf)

 

A Good First Half 2008/09

Pernod Ricard’s overall sales performance for the first half of fiscal 2008/09 has been satisfactory and in line with our expectations (organic* growth in Net Sales estimated at circa 5%).  Christmas/New Year sales went well on the whole.  Most emerging markets have continued enjoying strong growth (particularly China, India and Eastern Europe). Other markets delivered contrasting performances with several countries such as France and Germany showing good growth, while others encountered difficulties (Spain, South Korea).
In the US, our performance was affected by a reduction in stocks by retailers.

The positive trend in our sales and the significant contribution as a result of the quick and successful integration of Absolut allow us, for the First Half-Year of fiscal 2008/09, to aim at an organic* growth in Profit from Recurring Operations of around 8% and a double-digit growth of Group Net Profit from Recurring Operations.
 


Definitive and detailed results for first half 2008/09 will be released  Friday, February 13th 2009.

* Stable foreign exchange rates and Group structure

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