PDRDY - Pernod Ricard SA

Other OTC - Other OTC Delayed Price. Currency in USD
36.47
+0.30 (+0.83%)
At close: 3:59PM EDT
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Previous Close36.17
Open36.37
Bid0.00 x 0
Ask0.00 x 0
Day's Range36.33 - 36.56
52 Week Range29.38 - 36.56
Volume59,770
Avg. Volume44,750
Market Cap48.401B
Beta (3Y Monthly)0.09
PE Ratio (TTM)26.35
EPS (TTM)1.38
Earnings DateN/A
Forward Dividend & Yield0.61 (1.75%)
Ex-Dividend Date2018-11-26
1y Target EstN/A
  • Reuterslast month

    Elliott target Pernod pushes up profit outlook

    French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, raised its profit outlook on bets cost savings and Chinese demand will offset a slowdown in quarterly sales growth. Pernod, the world's second-largest spirits group after Diageo, is hoping cost cuts, expansion into profitable premium brands such as Malfy gin and sustained demand for Martell cognac in China will underpin sales growth and profits. This truly reflects the efficiency of our strategy plan," CEO Alexandre Ricard told Reuters.

  • Pernod CEO: in regular and 'courteous' talks with Elliott
    Reuterslast month

    Pernod CEO: in regular and 'courteous' talks with Elliott

    Drinks group Pernod Ricard is having regular and "courteous" talks with activist investor Elliott, although it is not necessarily meeting Elliott any more than it would with any other regular shareholder, the head of Pernod told Reuters. My ambition remains to deliver on our strategic plan, that's my motto," CEO Alexandre Ricard said in a telephone interview. Pernod, which is the world's second-biggest spirits group behind Diageo, is under pressure from New York hedge fund Elliott Management to improve profit margins and corporate governance.

  • Pernod sees annual profit growth at top end of its guidance
    Reuterslast month

    Pernod sees annual profit growth at top end of its guidance

    French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, said it was now expecting annual profit growth at the top end of its expectations, despite a slowdown in sales growth in the third quarter. Pernod, which owns Mumm champagne, Absolut vodka and Martell cognac, said that for its 2019 financial year it was now targeting an organic rise of around 8 percent in profit from recurring operations, at the top of its guidance of 6-8 percent growth given back in February. Pernod, which had benefited from advance cognac shipments ahead of the Chinese New Year, had flagged in February that sales growth would moderate in the second half of the year.

  • Reuterslast month

    Pernod Ricard agrees to buy Italian gin brand Malfy

    Pernod Ricard, which is being targeted by activist investor Elliott, plans to buy super premium Italian gin brand Malfy from Biggar & Leith, as it further strengthens its fast-growing portfolio of so-called 'craft' spirits. Pernod's latest takeover comes as the company, which is the world's second-largest spirits group behind Diageo, faces pressure from U.S. hedge fund Elliott Management to improve profit margins and corporate governance. The financial terms of the deal, which was announced by Pernod on Wednesday, were not disclosed.

  • What Should We Expect From Pernod Ricard SA's (EPA:RI) Earnings Over The Next Year?
    Simply Wall St.last month

    What Should We Expect From Pernod Ricard SA's (EPA:RI) Earnings Over The Next Year?

    Looking at Pernod Ricard SA's (EPA:RI) earnings update in December 2018, the consensus outlook from analysts appear fairly confident, as a 20% increase in profits is expected in...

  • Reuters2 months ago

    Pernod Ricard betting on growth from green agenda

    Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, is banking that its push into socially and environmentally sound business practices will boost its growth in the coming decade. Pernod, the world's second-biggest spirits group behind Diageo, is unveiling on Wednesday a strategic roadmap plan going up to 2030. Other pledges include aims to save water and cut down on waste and carbon emissions, as well as fighting alcohol abuse and promoting gender balance in its top management teams.

  • Should You Hold on to Diageo (DEO) Stock for Long Term?
    Zacks2 months ago

    Should You Hold on to Diageo (DEO) Stock for Long Term?

    Diageo (DEO) looks good on the back of strong fundamentals, continuous innovation and focus on expansion. However, inflationary input and transportation costs, and currency headwinds are concerns.

  • Did Pernod Ricard's (EPA:RI) Share Price Deserve to Gain 89%?
    Simply Wall St.2 months ago

    Did Pernod Ricard's (EPA:RI) Share Price Deserve to Gain 89%?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market...

  • Barrons.com2 months ago

    Activist Investing Invades Europe

    In Europe, the number of activist campaigns last year reached a record of 58, accounting for 23% of global activity, according to Lazard.

  • Reuters2 months ago

    Pernod Ricard eyes margin improvement in EMEA-LATAM business

    Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, said its business in Europe, the Middle East, Africa and Latin America (EMEA/LATAM) was well positioned for "solid top line growth and margin improvement". Pernod Ricard, the world's second-biggest spirits group behind Diageo, also said that while the disposal of non-core assets was part of its strategy, its wine business was "a nice complement" to its spirits operations. Pernod Ricard is under pressure from New York hedge fund Elliott Management to improve profit margins and corporate governance.

  • Does Pernod Ricard SA’s (EPA:RI) -11% Earnings Drop Reflect A Longer Term Trend?
    Simply Wall St.3 months ago

    Does Pernod Ricard SA’s (EPA:RI) -11% Earnings Drop Reflect A Longer Term Trend?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! After looking at Pernod Ricard SA's (EPA:RI)Read More...

  • Reuters3 months ago

    Pernod CEO pursues change and engages activist shareholder

    Pernod Ricard will embrace change and continue "constructive" talks with activist investor Elliott Management, CEO Alexandre Ricard said on Tuesday while dismissing speculation that the company could become a takeover target. The world's second-biggest spirits group behind Diageo is under pressure from New York hedge fund Elliott Management to improve profit margins and corporate governance. Last week Pernod vowed to lift its margins and shareholder returns in a three-year strategic plan that Elliott described as a first small step.

  • Pernod Gets the Gentle Treatment From New York Hedge Fund
    Bloomberg3 months ago

    Pernod Gets the Gentle Treatment From New York Hedge Fund

    In December, when Elliott disclosed a near 1 billion euro ($1.1 billion) stake in Pernod-Ricard — owner of Chivas Regal, Jameson Irish whiskey and Absolut vodka — it looked like we were in for a typical fight between aggressive New Yorkers and a French corporate treasure. Elliott lashed out at the family-run company’s governance and called for cost cuts to fix its poor performance versus peers. Bloomberg News reported that a sale of Pernod was one option. The drinks firm’s CEO, Alexandre Ricard, defended its long-term investment horizon.

  • Activist Elliott tells Pernod there is still work to do
    Reuters4 months ago

    Activist Elliott tells Pernod there is still work to do

    Activist investor Elliott kept up the pressure on French spirits group Pernod Ricard, welcoming this week's first-half results but calling for boardroom changes and better margins. Elliott, which has built a stake of just over 2.5 percent in Pernod Ricard, has called on the family-backed group to raise profit margins to bring them more into line with British rival Diageo. Elliott has suggested 500 million euros (437 million pounds) in cost cuts and options such as merging with another spirits company.