Tag Archives: French spirits maker

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

February 09, 2017   Editor   No comments

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.

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LVMH Moet Hennessy wines and spirits group reports 5% revenue growth in the first nine months of 2016

October 11, 2016   Editor   No comments

LVMH Moet Hennessy Louis Vuitton, the French luxury goods maker, on Monday reported  a revenue growth of 4% in the first nine months of 2016 to €26.3bn, up from €25.3bn in 2015, with Moet Hennessy, the Wines and Spirits group posting a 5% rise in sales to €3.3bn, from €3.1bn in 2015.

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LVMH Wine & Spirits group records 7% revenue growth

September 06, 2016   Editor   No comments

French luxury goods maker, LVMH Moet Hennessy Louis Vuitton said its revenue in the first-half of the year grew 3% from last year to €17.2bn, while the group’s net profits totaled €1.7bn, an increase of 8% on the previous year.

The company which makes high-end perfumes, cosmetics, fashion and jewellery, among others said that its wine and spirits brands had an “excellent performance” with Hennessy Cognac recording double digit growth. The brand saw a 13% volume increase in the first-half, helped by “substantial momentum” in the US, the Caribbean, Africa and Travel Retail channels.

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

September 01, 2016   Editor   No comments

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.

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