You are here: Home » Reuters » News
Business Standard

Pernod Ricard third-quarter sales growth slows, India weighs

Reuters  |  PARIS 

PARIS (Reuters) - French spirits maker Pernod Ricard said on Thursday that sales growth slowed slightly in the third quarter, reflecting weakness in India and the earlier timing of the Chinese New year.Pernod, the world's second-biggest spirits group after Britain's Diageo, kept its profit outlook unchanged and achieved some robust quarterly growth in the United States and in Europe. Pernod Ricard posted sales of 1.987 billion euros ($2.13 billion) in the three months to March 31, up 3 percent on a like-for-like basis, compared with 4 percent growth in the second quarter.This was, however, ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, April 20 2017. 12:28 IST
RECOMMENDED FOR YOU