Pernod Looks Forward to Transition Year After US Weighs Down FY25

Dear Client: Pernod Ricard's organic sales were down 3% for the full fiscal year 2025 ended June (-5.5% on a reported basis due to currency effects), impacted by declines in the US, China and global travel retail Asia markets.  Meanwhile, global volumes were up 2% for the full year. H2 was the third consecutive half-year period of volume growth, emphasized ceo Alexandre Ricard on today's early-morning earnings call, marking a "recovery" period following post-COVID normalization from circa H2 FY23 to