Pernod Ricard SA

Pernod Ricard SA engages in the manufacture of wines, spirits, and non-alcoholic beverages. It operates through the following geographical segments: Americas, Asia/Rest of the World, and Europe. It offers products under the brands Absolut Vodka, Chivas Regal, Ballantine's, Beefeater, Jameson, Kahlúa, Malibu, Ricard, Havana Club, Martell, Cognac, The Glenlivet, G.H. Mumm, Perrier-Jouët, Royal Salute, Brancott Estate, Graffigna, Campo Viejo, Jacob's Creek, Kenwood, Pastis 51, 100 Pipers, ArArAt, Becherovka, Blenders Pride, Clan Campbell, Imperial, Seagram's Imperial Blue, Olmeca, Passport Scotch, Amaro Ramazzotti, Ruavieja, Royal Stag, Seagram's Gin, Something Special, Suze, Wiser's, and Wyborowa. The company was founded in 1975 and is headquartered in Paris, France.

Pernod Ricard, trading at a 10-year low forward PE of ~14X, offers a 4.5% dividend yield and future growth potential. Despite recent sales declines, Pernod's diversified portfolio and growth in emerging markets like India and Brazil present strong future growth opportunities. Pernod's ability to generate €1.3 billion in free cash flow and a 17% pre-tax return on tangible capital supports its growth and shareholder returns.

Pernod Ricard: Very Appealing After A 35% Pullback

An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.

Exclusive: Pernod Ricard denied breaching India law. Its lawyers said otherwise

Diageo

LVMH Moet Hennessy Louis Vuitton

The spirits industry is planning to push for an exemption to any universal tariffs on U.S. imports imposed by the incoming Trump administration, a trade body representing top spirits makers told Reuters.

Spirits industry to seek exemption from Trump's universal tariffs

Pernod Ricard returns to Diwali for a second year with Glenlivet and Perrier-Jouet as the presenting sponsor for the All That Glitters Ball. The exclusive black-tie soirée was a joyous celebration of South Asia's cultural heritage and recognized the cultural and social contributions of the South Asian community in the United States.

Pernod Ricard Returns With Glenlivet And Perrier-Jouet At All That Glitters Diwali Ball

Pernod Ricard's recent price drop offers a long-term buying opportunity in a historically stable and profitable industry, now trading at 15.7x earnings. Despite short-term challenges, PRNDY's strong brand portfolio and presence in key markets like India and China provide optimism for future growth. The company's elevated debt and potential dividend cut could lead to short-term volatility, but reallocating capital to buybacks and debt repayment could be beneficial long term.

Pernod Ricard: I'm Taking A Sip

Pernod Ricard faces significant challenges with an 8.5% sales decline, particularly in China and the U.S., due to tariffs and economic issues. PRNDY appears undervalued with a P/E ratio below its 5-year average, suggesting a potential 29% upside. Competitors like Brown-Forman offer better profitability and resilience, making them more attractive investments in the current macroeconomic climate.

Pernod Ricard: Chinese Tariffs Threaten Long-Term Growth

Pernod Ricard SA (OTCPK:PDRDF) Q1 2025 Earnings Conference Call October 17, 2024 3:00 AM ET Company Participants Hélène de Tissot - EVP, Finance Florence Tresarrieu - Investor Relations Conference Call Participants Andrea Pistacchi - Bank of America Olivier Nicolai - Goldman Sachs Sanjeet Aujla - UBS Edward Mundy - Jefferies Mitch Collett - Deutsche Bank Gen Cross - BNP Paribas Simon Hales - Citi Florence Tresarrieu Good morning everyone. We are very pleased to welcome you today to our Q1 FY'25 Sales Call.

Pernod Ricard SA (PDRDF) Q1 2025 Earnings Call Transcript

French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused partly by weakness in China.

China woes drag down Pernod Ricard first quarter sales

The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.

Absolut Vodka Maker Pernod Ricard Posts Lower Sales

PARIS--(BUSINESS WIRE)--Regulatory News: Pernod Ricard (Paris:RI): Press Release – Paris, 17 October 2024 Sales for Q1 FY25 totalled €2,783m, an organic decline of -5.9% and -8.5% reported, with unfavourable Foreign Exchange impact of -€103m mainly linked to Argentinian Peso, Turkish Lira and Nigerian Naira, partly offset by positive perimeter impact of +€22m. We experienced a slow start to the year, notably with China in sharp decline, in a context of continuing macroeconomic weakness impactin.

Pernod Ricard: Slow Start With China and US Declines Leading to Q1 Organic Sales -5.9% and Reported -8.5%

Pernod Ricard is a fundamentally strong and conservatively managed company with a solid credit rating, well-covered dividend, and low leverage, making it a reliable investment. Despite recent EPS softness and market overreaction, Pernod Ricard's long-term growth prospects remain promising, with an expected annualized return of 13-20%. The company's diversified portfolio and geographic reach, along with its strong market position in key regions like India, underpin its resilience and growth potential.

Pernod Ricard: The Upside And Reversal Begins

For the first time, Pernod Ricard (Paris:RI) is taking part as a partner in Climate Week NYC, from September 22 to 29, 2024. This major global event in the fight against climate change is an opportunity for the Group to reaffirm its climate commitments and set out its roadmap, “Good Times from a Good Place”, centred around four pillars – nurturing terroir, valuing people, circular making and responsible hosting.

Pernod Ricard at Climate Week NYC to Reaffirm Its Climate Commitments

Innovative Accreditation Program Launches in NYC, Setting a New Leadership Standard for Nightlife Safety with Safe Nights LLC NEW YORK , Sept. 24, 2024 /PRNewswire/ -- Pernod Ricard North America is proud to announce the launch of "Good Nights Are Safe Nights", a comprehensive, community-based initiative in partnership with Safe Night LLC.

Pernod Ricard Leads the Charge for Safer Nightlife with Bold "Good Nights Are Safe Nights" Initiative

French drinks and spirits company Pernod Ricard on Thursday said it would drop its plans to sponsor the country's reigning soccer champions Paris St Germain after facing a storm of criticism from fans saying the brand belonged to PSG's rivals Marseille.

Pastis-maker Pernod Ricard scraps sponsorship deal with Paris St Germain after Marseille fan outrage

PARIS--(BUSINESS WIRE)--Pernod Ricard is announcing its official partnership with Paris Saint-Germain. This new global partnership, the first of its kind for Pernod Ricard, will feature the entire portfolio of the Group's premium brands. The four-year agreement is set to begin this 24/25 season and will span across PSG's professional teams; men's and women's football as official partner and handball, as an official provider. For over a decade, Pernod Ricard has been an official provider of wine.

Pernod Ricard becomes official partner of Paris Saint-Germain

Pernod Ricard SA. (OTCPK:PDRDF) Q4 2024 Earnings Conference Call August 29, 2024 3:00 AM ET Company Participants Florence Tresarrieu - IR Alexandre Ricard - Chairman and CEO Hélène de Tissot - EVP, Finance Conference Call Participants Sanjeet Aujla - UBS Simon Hales - Citi Laurence Whyatt - Barclays Andrea Pistacchi - Bank of America Olivier Nicolai - Goldman Sachs Celine Pannuti - JPMorgan Edward Mundy - Jefferies Chris Pitcher - Redburn Atlantic Trevor Stirling - Bernstein Florence Tresarrieu Good morning everyone.

Pernod Ricard SA (PDRDF) Q4 2024 Earnings Call Transcript

PARIS--(BUSINESS WIRE)--Regulatory News: Press Release – Paris, 29 August 2024 Pernod Ricard (Paris:RI) today announces the acquisition of a minority stake in Almave, a Super Premium non-alc blue agave-based spirit brand, co-founded by Seven-Time Formula One™ World Champion, Lewis Hamilton, by Mexico-based innovation incubator Casa Lumbre and by the advisory and investment firm Copper. Almave perfectly satisfies the intersection between three accelerating global trends: tequila, non-alc product.

Pernod Ricard Joins Lewis Hamilton & Casa Lumbre Spirits to Enhance the Success of non-alc Blue Agave Spirit, Almave

France's Pernod Ricard reported a 1% fall in full-year organic sales on Thursday, largely in line with forecasts and its own guidance, as it managed to mostly offset deep problems in its key U.S. and Chinese businesses.

Pernod Ricard's annual sales fall 1% in line with estimates

Paris-based company will focus on spirits such as Absolut and Beefeater as well as champagne

Pernod Ricard sells Jacob's Creek and other big wine brands

Accolade

Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.

Pernod Ricard to sell bulk of wine portfolio to Accolade Wine owners

The company strengthens foundations for whiskey growth with 'North American Distillers' NEW YORK, July 11, 2024 /PRNewswire/ -- Pernod Ricard has reinforced its commitment and ambition to its American Whiskey portfolio by establishing a new Global Brand Company in the USA, North American Distillers (NADL). The new specialized business will be helmed by Richard Black, a seasoned Pernod Ricard executive with 23 years of leadership in whiskey and cognac, including time at Chivas Brothers and most recently as Global Marketing Director for Martell in Paris.

PERNOD RICARD DOUBLES DOWN ON AMERICAN WHISKEY WITH NEW GLOBAL BRAND COMPANY

Analysts have a target price range of €133 to €210/share, with 9 out of 20 recommending a "BUY". Pernod Ricard is currently undervalued, trading at less than €131/share with a high yield and low P/E ratio. Company expects significant upside with over 80% potential increase until 2026E.

More Table-Beating For Pernod Ricard, A 'Buy'

French spirits sales and exports have dropped sharply this year as consumers continued to cut back spending, the industry lobby said on Thursday, warning that looming trade barriers could further hurt the sector.

French spirits exports tumble ahead of worsening trade conflict

French cognac producers are "deeply" worried about the results of a Chinese probe into European cognac imports, a trade body said on Wednesday, after the European Commission imposed tariffs on imports of Chinese electric vehicles.

French cognac makers 'deeply concerned' after EU slaps tariffs on Chinese EVs

Kering SA

LVMH, Kering, and Pernod Ricard stocks retreated on Wednesday as investors braced for retaliation from China. Kering, the parent company of Gucci, plunged by over 1.1% while Pernod Ricard fell by 0.75%.

News for Pernod Ricard SA Stock (PRNDY)