PERNOD SHOWS “EXCELLENT” START TO THE YEAR

Pernod showed an “excellent” start to the year with first quarter organic net sales up 11.6%. Growth was driven by the company’s 15 strategic brands, which grew 9% in volume and 16% in value. Favorable spirits/wine mix and strong positive impact of price increases helped accelerate the growth of the partner brands. Nine out of the 15 strategic brands recorded double-digit growth in value: Martell (39%), Jameson (24%), Ballantine’s (22%), Havana Club (22%), Chivas Regal (19%), Mumm (19%), Malibu (13%),