Pernod Reports Strong US Performance in Q1

Pernod Ricard kicked off its fiscal year 2017 with global organic sales growth of 4% for the first quarter ended September. A dynamic first quarter in the Americas region (up 8%) contributed to the quarter's growth, driven by "continued strength" in the US market. Q1 results are in line with the company's outlook for the fiscal year, with an estimated organic growth between 2% and 4%.Sales in the US were up 5% for the quarter, which is consistent with last