French alcohol producer Pernod Ricard increased revenue

Pernod Ricard, the world’s second largest producer of alcohol, reduced its net profit by 11% in the first half of the year. Profit exceeded 1 billion euros. The company explains the drop in the index by a significant increase in income a year earlier. Pernod Ricard revenue grew by 5% and exceeded 5 billion euros. The growth rate in organic terms was 7.8%. Much of the company’s sales come from the United States. In the Americas, Pernod Ricard sales increased by 4%, sales remained unchanged in Europe, and increased by 16% in Asia and other regions. The forecast of organic growth has grown to 6-8%. During trading on Thursday, Pernod Ricard shares added 1.9%. In 2008, the company bought the Swedish Vin & Spirit Group, having made the largest acquisition in history.

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