Pernod Adjusts Medium-Term Outlook Amidst Rising Trade Tensions

Dear Client:   Pernod Ricard reported a global organic net sales decline of 4% for the first half of fiscal 2025, "with good performances in some mature and emerging markets partially offsetting the declining but improving US and a continuing very weak China," the company noted in its earnings release.    The second quarter marked a sequential improvement over Q1, with global net sales down only 2.5% versus -6%, respectively, noted Pernod Ricard ceo Alexandre Ricard on today's early morning earnings