Pernod Ricard SA (EPA: RI) reports positive organic net sales growth in H1 FY2026/27 (July–December 2026, approx. January 30, 2027, confirmed by Pernod Ricard press release or Bloomberg)
Pernod Ricard reported -3.9% organic sales decline in FY2026 (H1 FY26: -7.5%; H2 FY26 significantly improved to ~-0.5%). Management guides for 'broadly stable' FY2027, medium-term ~3% p.a. US spirits trade inventory normalization (per DISCUS July 2026) and recovering Chinese premium demand support a trend reversal. Calibration: 52% — 'broadly stable' guidance encompasses both slight positive and slight negative outcomes.
52%