PDRDF News and Press, Pernod Ricard S.A. From 02/16/23

Summary Pernod Ricard's H1 FY23 results on Thursday were strong as we predicted, and shares finished the day up 3.4%. Organic Net Sales growth was 11.5% globally, including 5% in the U.S.; Gross Margin rose slightly, while Operating Margin was stable. China, India and Travel Retail ...

Pernod Ricard press release ( OTCPK:PDRDF ): 1H GAAP EPS of €6.77. Revenue of €7.12B (+19.5% Y/Y), +12% organic sales growth. Solid cash generation with recurring free cash flow at c. €1B, -28% vs H1 FY22. Net debt increased by €1,131M vs. 30 J...

Very strong broad-based growth of Sales and PRO 1 in first half Strong pricing dynamic, maintaining overall volume growth, sustaining margins +12% organic Sales Growth (+19% reported) +12% organic growth in PRO (+21% reported) Regulatory News: Perno...

Summary Pernod Ricard is a top global spirits company targeting a 6-9% operating profit CAGR. Its share price is down 3% vs. a year ago. The company is reporting H1 FY23 results next Thursday (February 16). We expect these to be strong, based on other reports so far. PR shares are t...

Summary The news flow from Pernod has been positive in recent months, closing accretive acquisitions and kicking off the fiscal year with a solid set of results. The balance sheet capacity should support more buybacks or M&A, though the net debt levels also need to be managed given ...

Summary Gardner Russo & Quinn’s 13F portfolio value decreased from $8.94B to $8.27B. Russo increased Netflix and Ashtead Group plc while reducing Comcast and dropping Alibaba Group Holdings during the quarter. The top three 13F stakes are Berkshire Hathaway, Nestle,...

Summary Brown-Forman is a global leader in spirits, predominantly whiskey and tequila. The company has a few levers to pull for earnings growth, but it's not enough to justify the valuation. Brown-Forman is a prime example of a high-quality business trading at too much of a pr...

Summary Excellent growth but driven considerably by the favorable exchange rate. The multiples are not low enough to justify a purchase. Very high organic growth in Asia/Rest of the World. Pernod Ricard ( PDRDF ), the world's No. 2 company in wine and spirits sal...

Pernod Ricard ( OTCPK:PDRDF ) said Monday it will acquire a majority stake in Código 1530 tequila, a range of ultra-premium and prestige tequila. Código 1530 tequila - which is produced in Jalisco, Mexico - is available in 50 U.S. states and has a presence in over 30...

Pernod Ricard USA and the Republic National Distributing Company (RNDC) Donate To Kentucky Flood Relief Efforts PR Newswire In honor of National Bourbon Heritage Month, a donation of $25,000 will be made to the Kentucky Distillers' Association t...