Pernod Takes Pricing in Q1

Dear Client:Coming off an exceptionally good fiscal 2012 (a 9% increase in organic profit), Pernod Ricard's overall organic growth for its first quarter ending September 30 increased 5%. In the US the company showed strong momentum, driven by improvement in underlying trends, pricing acceleration, a catch-up on shipments following excellent depletions in June, and early order taking ahead of price increases and the holiday season. PRICING: In October Pernod increased the price for most of their core brands (including: Absolut,