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| Thursday, April 26, 2012 | 13:32 |
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Company News
Pernod Ricard: Continuation of the very good underlying trends of the 1st half-year into the 3rd quarter 2011/12 - Refinancing now complete
Press Release - Paris, 26 April 2012 (drinks media wire) -
Download the press release (PDF)
In summary:
Pernod Ricard achieved a very good performance over the first nine months of the financial year, with the third quarter in line with the underlying trends noted in the 1st half of the year:
continued premiumisation and innovation,
thriving emerging markets,
confirmation of recovery in the US,
contrasted situation in Europe, with an excellent performance in Eastern Europe and a slight decline in Western Europe.
Thanks to the success of recent bond issues and the renegotiation of the syndicated loan, the Group’s refinancing is now complete.
On this occasion, Pierre Pringuet, Chief Executive Officer of Pernod Ricard, declared: “We are very pleased with the Group’s performance over the first nine months, on the back of which we can confirm our targets for the current financial year,” and added: “We are delighted to have concluded a new syndicated credit facility with extremely attractive terms, thus completing the Group’s refinancing.”
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Contact
| Name: TARON Florence |
| E-mail: |
| Web: http://www.pernod-ricard.com |
| Company: Pernod-Ricard |
| Address: 12, place des Etats-Unis - 75783 Paris Cedex 16 |
| Country: FRANCE |
| Phone: +33 (0)1 41 00 40 88 |
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