Tag Archives: France

U.S. demand for Irish whiskey and Cognac growth in China help lift Pernod Ricard’s sales and profit in first-half

French wine and spirits group Pernod Ricard said on Thursday that half-year sales for 2016/2017 financial year rose 2% to €5.06bn ($5.40bn), driven by continued success of its flagship Jameson Irish whiskey in the United States and a return to sales growth in China, helped by its Martell cognac.

Remy Cointreau 9-months performance boosted by 9% growth in Q3

French spirits group Remy Cointreau on Thursday reported €836.7m in revenue for the first nine months of its 2016/2017 financial year, a 4.7% growth from 2015 when it had €799.2m in sales.

Sales in the third quarter alone (Oct – Dec) rose 9% to €323.3m ($343.89m) buoyed by robust demand for its cognac in the United States, its biggest market and improving sales in China.

Pernod Ricard delivers strong full-year results with profit rising 43%

French spirits maker, Pernod Ricard said on Thursday that revenue for the full-year ending 30 June 2016 rose 1% to €8.7bn ($9.6bn), up from €8.6bn in the previous year.

The maker of Jameson Irish Whisky, Absolut Vodka and Chivas Regal Scotch Whisky, among others said that revenue growth was largely driven by 4% growth acceleration in the USA and a 1% lift in Spain.

Italy overtakes France to lead world in wine production

grapes

Italy has overtaken France to lead the world in wine production at 50.37 million hectoliters harvest in 2015-16, according to data compiled by the European Union Department for Rural Affairs and Agriculture, which keeps track of wine production estimates for all 28 member states of the EU through September 2016.