Pernod Ricard posts strong results

Published: (24-02-2009)

Written by: Richard Ross

Strong sales, bolstered by revenues from the newly acquired Absolut Vodka brand, have delivered strong first half profits for Pernod Ricard, with net profit growing by 15% over the same period last year.

The Group said this reflected an organic sales growth of 5%, and a 28.4% rise in operating margins as well as the success of the integration of Absolut.

The company also said it expected to continue to gain market share "in many countries" in..

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