Previous close | 141.70 |
Open | 142.45 |
Bid | 141.90 x 30000 |
Ask | 142.25 x 30000 |
Day's range | 142.05 - 142.40 |
52-week range | 139.20 - 216.90 |
Volume | |
Avg. volume | 77 |
Market cap | 35.935B |
Beta (5Y monthly) | 0.45 |
PE ratio (TTM) | 17.73 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 4.99 (3.52%) |
Ex-dividend date | 17 Jul 2024 |
1y target est | N/A |
PARIS/LONDON (Reuters) -Pernod Ricard missed third-quarter sales forecasts on Thursday as its big U.S. and Chinese businesses remained under heavy pressure, and the spirits group will need an uptick in demand over the next few months to meet its full-year target. Consumers have been cutting back on expensive spirits in the world's top two economies, and Pernod, which makes Martell cognac and Absolut vodka, had been hoping trends would improve following a cut to its full-year forecast in February. In the United States, wholesalers and retailers continued to cut expensive spirits from their inventories as sales come off extraordinary highs seen after COVID-19, Pernod said.
Profits at the company behind the likes of Beefeater gin and Chivas Regal whisky surged by almost £100m during its latest financial year as its sales passed the £1.3bn mark.
A global survey of more than 3,000 respondents finds that firms using "smart KPIs" were three times more likely to financially benefit.