Peter Cressy: “It’s been a Heck of a Year”

Dear Client:“It’s been a heck of a year, heck of a decade for spirits,” Discus chief Peter Cressy told analysts and reporters at the group’s annual briefing this morning. “It’s been a resilient year from my perspective,” he continued. Overall volumes for the spirits industry at the on- and off-premise grew 1.4%, while dollar sales were flat at $18.7 billion for 2009. The average growth of spirits volumes over the past decade was 2.6%, while the average growth of dollar