|Bid||114.45 x 30000|
|Ask||115.00 x 30000|
|Day's range||114.50 - 114.50|
|52-week range||95.65 - 124.40|
|PE ratio (TTM)||24.06|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
One of the biggest liquor companies in the world plans to begin distilling vodka in Manhattan in October. OUR/Vodka, a unit of Pernod Ricard, will open a Chelsea distillery to sell a wheat-based vodka....
French drinks group Pernod Ricard (PERP.PA) 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. India, which accounts for about 10 percent of group revenue, has been a key growth area, driven by local whisky brands such as Blender's Pride and Royal Stag.
Pernod Ricard's third quarter sales beat forecasts on Thursday, lifting its shares, but the French spirits group cautioned that a ban on alcohol sales near Indian highways would slow growth in its second-largest market. India, which accounts for about 10 percent of group revenue, has been a key growth area, driven by local whisky brands such as Blender's Pride and Royal Stag. While the ban on alcohol sales near Indian highways will impact sales mainly in the fourth quarter and in the first half of the fiscal year 2017/18, finance chief Gilles Bogaert told Reuters he hoped they should be close to flat in the full year ending June 30 and he was confident about India over the long-term.