Pernod Ricard's resilience despite economic volatility

Pernod Ricard announces a resilient performance for the first nine months of the 2024/25 fiscal year, despite a challenging economic and geopolitical environment. Third-quarter sales declined 3% organically. Overall, the nine months recorded a 4% organic decline, primarily due to market fluctuations and customs duties.

In the Americas, sales increased by 3% in Q3, with notable performances in Canada and Brazil. In Europe, Pernod Ricard saw a decline of 7% in Q3, while Asia-Rest of the World saw a decline of 6%.

The 2024/25 outlook foresees a stabilization of the operating margin thanks to efficiency measures, despite the impact of tariffs in the United States and China.