France.- Pernod Ricard has a turnover of 1,955 million in its third quarter, 12.8 percent more

France.- Pernod Ricard has a turnover of 1,955 million in its third quarter, 12.8 percent more

The French alcoholic beverages company Pernod Ricard closed the third quarter of its fiscal year, which ended in March, with a turnover of 1,955 million euros, which corresponds to an increase of 12.8 percent compared to the same period of the previous year, as reported by the firm on Thursday.

By geographical areas, sales in America grew 3 percent, to 592 million euros, while in Europe they rose 2 percent, to 486 million euros. The highest growth rate occurred in Asia and the rest of the world, where the firm achieved revenues of 878 million euros, 28 percent more.

The company that owns Beefeater gin, Chivas Regal whiskey or Absolut vodka has explained that the United States maintained a growth of about 5 percent, while in China it was 34 percent so far in its fiscal year, at time India returned to double digit growth in the third quarter.

Pernod Ricard plans to pay a dividend of 1.33 euros per share on July 9. The total dividend for the year will be determined at the general meeting of shareholders to be held on November 10, 2021.

With the data from the third quarter, the French company has smoothed the drop in turnover that had been accumulating so far this year. Thus, it closed the whole of the nine fiscal months with net income of 6,941 million, 3.7 percent. In the first semester as a whole, the decrease had been 8.9 percent.

“Our third quarter was excellent, returning to record organic sales growth in the first nine months of fiscal 2021. This confirms the strength of our business, with solid dynamism for our key domestic markets and good resilience,” he added. the president and CEO of the company, Alexandre Ricard.

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