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The distiller behind Absolut vodka and Jameson whiskey said momentum in India helped offset sharp declines in the U.S. and China, of 10% and 25%, respectively.

PARIS--(BUSINESS WIRE)--Regulatory News: Pernod Ricard (Paris:RI): Press Release – Paris, 15 October 2026 at 7.30am Net Sales for Q1 FY27 totalled €2,234m. Perimeter impact of -€127m mainly linked to the disposal of Imperial Blue and Wines, and Foreign Exchange impact of -€3m mainly linked to INR and TRY1. Sales in the US declined by -10% and in China by -25%, with both markets being impacted by inventory…

Pernod Ricard remains fundamentally attractive despite FY26 results falling short of initial growth expectations, with EPS at €5.85/share. I see the current downturn as cyclical normalization, not structural decline, and expect stabilization with 2-3% long-term growth from pricing and emerging markets. PRNDY's robust free cash flow, high cash conversion, and resilient margins underpin its ability to weather…

Sales growth was dragged by sharp organic declines of 14% and 19%, respectively, in the group's key U.S. and Chinese markets.

French spirits group Pernod Ricard reported a worse-than-expected 3.9% organic sales decline of its ​fiscal year 2026 on Thursday, reflecting persistent ‌soft consumer demand in the U.S. and China and disruption to tourism from the conflict in the Middle-East ​in the fourth quarter.