After Soft Full Year Results, Pernod Cautious About US Market

The slowdown in the on-premise hit Pernod Ricard particularly hard this year as organic sales growth in the US slowed from 8% in its fiscal 2013 to 1% for this fiscal year through June 31. Pernod Ricard attributed the slowdown to a less dynamic market than in the two previous years.Recall, Pernod Ricard has 14 strategic brands that it puts the majority of its focus on. They include: Absolut, Chivas, Kahlua, Jameson, Malibu, Beefeater, Ballantines, Ricard, Havana Club, Martell, Glenlivet,