|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||173.05 - 177.70|
|52-week range||125.70 - 177.70|
|Beta (5Y monthly)||0.49|
|PE ratio (TTM)||174.78|
|Earnings date||11 Feb 2021|
|Forward dividend & yield||2.96 (1.71%)|
|Ex-dividend date||09 Dec 2020|
|1y target est||140.97|
Pernod Ricard said on Thursday it expected 10% organic profit growth in fiscal year 2020/21 after strong demand in its key U.S. and Chinese markets helped the French spirits group beat third quarter sales forecasts. The owner of Mumm champagne, Absolut vodka and Martell cognac expected sales to accelerate in the fourth quarter as bars and restaurants gradually reopen, though travel retail is expected to remain subdued due to limited passenger traffic. That performance marked a return to sales growth after the previous two quarters showed a decline.
GMB Scotland said Chivas parent company Pernod Ricard had awarded pay rises to its workers in France earlier this year.
Pernod Ricard said on Thursday it expects organic sales to return to growth in the full year, after strong performances in its key U.S. and Chinese markets helped the French spirits group beat first-half profit and sales forecasts. Double-digit sales growth in China and a 5% sales rise in the United States propped up results for Pernod, the world's second-biggest spirits group after Diageo. In the United States, Pernod Ricard's top market, stuck-at-home consumers splurged on its Jameson Irish whiskey and Martell cognac while a cocktail craze also lifted demand for Malibu rum and premium Avion tequila.