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Pernod Ricard eyes stable sales in Asia in 2017 full year -slides

Reuters  |  PARIS 

PARIS (Reuters) - French drinks group Pernod Ricard said that the 2016/2017 financial year would be a stable one regarding sales in Asia, with its second-largest market in India facing a temporary slowdown due to adverse market conditions.On the other hand, its third-largest market in China had a positive outlook for Martell cognac, added Pernod on Monday.Pernod, which is the world's second largest spirits group behind Diageo , made the forecasts in slides released on its website.India, which accounts for about 10 percent of group revenue, has been a key growth area, driven by local whisky ...

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First Published: Mon, May 15 2017. 11:46 IST