Phasing & Comps Impact Pernod’s Q3 Performance

Dear Client:     Pernod Ricard experienced top line weakness in Q3, mainly due to tough comps. But Pernod brass are not phased. Indeed, global sales grew 8% on an organic basis for the first nine months of the fiscal year ended March 31, and they expect to see marked improvement in Q4. "Our very strong 9M performance was broad-based and confirms the strength of our business, with resilient volumes, strong pricing and continued dynamism in all our regions and spirits