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Pernod Ricard SA (0HAT.IL)
| Previous close | 200.45 |
| Open | 201.80 |
| Bid | 200.10 x 0 |
| Ask | 204.80 x 0 |
| Day's range | 201.10 - 203.20 |
| 52-week range | 161.00 - 204.50 |
| Volume | |
| Avg. volume | 251,306 |
| Market cap | 51.866B |
| Beta (5Y monthly) | 0.46 |
| PE ratio (TTM) | 21.75 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 4.12 (2.06%) |
| Ex-dividend date | 25 Nov 2022 |
| 1y target est | N/A |
- Reuters
Pernod Ricard eyes more price hikes in second half, confident on China
PARIS (Reuters) -Pernod Ricard on Thursday said it planned more price increases in the second half of the year in China and the United States to protect its profit margins against the high costs of freight, energy and glass. The owner of Martell cognac, Mumm champagne and Absolut vodka also predicted robust annual sales growth and said it was confident about its prospects in the Chinese market as it re-opens from COVID lockdowns. Chairman and CEO Alexandre Ricard told Reuters demand was "soft" during Chinese New Year festivities in January due to COVID restrictions but noted China has since dropped its zero-COVID policy with restaurants and bars reopening.
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- Reuters
Factbox-French spirits giant Pernod faces growing challenges in India
The maker of Chivas Regal and Absolut vodka is the second-largest spirits company globally and in India. It accounts for 17% of the alcohol market by volume in India, where it competes with the likes of Diageo, IWSR Drinks Market Analysis says. Pernod has since last year been under the scanner of India's Enforcement Directorate as part of an investigation into how retailers, manufacturers and politicians allegedly colluded to illegally profit from the 2021 auction of liquor retail licences in New Delhi.
