Dear Client: Pernod Ricard finished Q3 with global organic net sales flat (+0.1%), despite the strong negative impacts of the US and China markets. When excluding those markets, global organic net sales were up 5% for the quarter. Meanwhile, total global volumes were up 4% in Q3. For the first nine months of FY26, global organic net sales were down 4.4%, while volumes were down 1.6%. Reported net sales results for Q3 and YTD were both down around 15% due
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