|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||164.00 - 165.80|
|52 Week Range||127.05 - 165.95|
|Beta (3Y Monthly)||0.16|
|PE Ratio (TTM)||30.31|
|Earnings Date||Aug 29, 2019|
|Forward Dividend & Yield||2.53 (1.60%)|
|1y Target Est||140.97|
NEW YORK, Aug. 8, 2019 /PRNewswire/ -- Tequila Avión® is proud to announce its new partnership with Grammy-nominated artist, 21 Savage, as part of its new "Depart. Arrive." introduces a bold, new look for Avión and celebrates the brand's heritage and passion for aviation, while targeting consumers who are adventurers in both mind and spirit. Throughout the campaign, Avión will highlight those who have forged their own paths by having a borderless mindset and a desire to experience the new and different in order to create a more vibrant life, beginning with 21 Savage.
Pernod Ricard (RI.PA), through Pernod Ricard USA, announces the acquisition of Firestone & Robertson Distilling Co., owner of the TX brand, a leading whiskey portfolio headquartered in Fort Worth, Texas. TX Blended Whiskey, launched in 2012, is a smooth-drinking, award-winning brand that has already garnered a passionate following. With this deal, Pernod Ricard once again is expanding its portfolio to include brands with unique and comprehensive value propositions.
NEW YORK, July 18, 2019 /PRNewswire/ -- Kahlúa actively champions the sentiment that life, and everything in it – from coffee to cocktails to social media – should be taken less seriously. In a Kahlua survey of millennials, over 90 percent said it's important to live in the moment, while more than half have missed an important moment because they were trying to capture it on social media. The Zero Likes Given exhibition by Kahlúa, hosted by actress Jackie Cruz, is an effort calling on people to take a break from the pressures of their like count, liberating them by encouraging everyone to enjoy life in the moment – and take social media likes a little less seriously.
As at the start of every fiscal year, Pernod Ricard announces executive appointments as part of its policy of internal promotion and mobility.
Pernod Ricard (RI.PA) employees were recently presented with the opportunity to take part in their first share ownership plan (see 26 April 2019 press release). The programme was offered to employees in 18 countries representing 75% of the Group’s workforce and proved highly successful, with an overall subscription rate of 41.5%, a level rarely achieved when structured offerings are launched. The subscription rate exceeded 60% in a number of countries, such as India (76.45%) and Hong Kong (60.45%).
FRANKFURT/BOSTON, July 10 (Reuters) - Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors on German companies. Elliott, Paul Singer's $35 billion hedge fund, committed $3.4 billion in new capital in the first six months of 2019, data on the sector compiled by Lazard show, outpacing Carl Icahn who spent $2.8 billion.
Pernod Ricard said on Friday it was acquiring Kentucky-based Rabbit Hole Whiskey, a high-end whiskey and bourbon maker founded seven years ago, as it seeks to expand its portfolio of specialty brands. "This partnership is the perfect implementation of our long-term investment strategy to create sustainable value," Pernod Ricard's Chief Executive Alexandre Ricard said in a statement. "Rabbit Hole is a fast-growing brand, strongly rooted in its (territory) and very well positioned in the high-end bourbon and Kentucky whiskey categories," he said.
Pernod Ricard (RI.PA), through Pernod Ricard USA’s New Brand Ventures division, is delighted to announce yesterday’s signing of the agreement for the acquisition of a majority share of Rabbit Hole Whiskey, produced and based in Louisville, Kentucky. Rabbit Hole, an award-winning range of Kentucky spirits, is particularly recognized for its iconic, state-of-the-art distillery in the heart of Louisville. The brand’s Straight Bourbon and Rye whiskeys are crafted with a mix of carefully selected grains, distilled in copper Vendome column stills and aged in native oak barrels by Louisville’s hot summers and cold winters.
PARIS, June 4, 2019 /PRNewswire/ -- The 9th edition of Responsib'ALL Day, celebrated on 6 June 2019, follows the recent launch of Pernod Ricard's 2030 S&R roadmap 'Good Times from a Good Place.' The roadmap focuses on all aspects of the business from 'grain to glass' and supports the United Nations' Sustainable Development Goals (SDGs). Its four pillars, Nurturing Terroir, Valuing People, Circular Making and Responsible Hosting, bring alive the Group's vision 'créateurs de convivialité' by mobilising all employees to engage with local communities on Responsib'ALL Day across 86 countries on the same day. Created in 2010, Responsib'ALL Day is dedicated to sustainability and responsibility. Each year, it has an overarching theme which sees Pernod Ricard companies collaborate with local partners on a wide variety of community projects.
Drinks group Pernod Ricard , which is being targeted by activist investor Elliot , sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob's Creek brand. Pernod, the world's second-largest spirits group after Diageo, said it was "uniquely positioned" to quench a thirst for premium drinks, from a fast-growing, affluent middle class in Asia.
Europe's spirits makers announced plans on Tuesday to list the number of calories and ingredients in spirit drinks, as businesses and regulators step up efforts to cater for healthier lifestyles. The European Commission has, however, called on the sector to come up with a plan to regulate itself amid general interest for healthier eating and drinking habits. The European consumers organisation BEUC has said that, with Europe facing an obesity crisis, calorie content labelling for alcohol was a necessity.
Drinks group Pernod Ricard , which is being targeted by activist investor Elliot , on Tuesday struck a confident note over its growth prospects in Asia. Pernod said it was "uniquely positioned" to quench a thirst for premium drinks from a fast-growing, affluent middle class. Pernod, the world's second-largest spirits group after Diageo, said growth would continue to be fuelled by strong demand for its Martell cognac and Chivas whisky in China, and for its Seagram's whiskies in India.
Investors pursuing a solid, dependable stock investment can often be led to Pernod Ricard SA (EPA:RI), a large-cap...
From 29 April 2019, Pernod Ricard (RI.PA) employees will have the opportunity to take part in their first share ownership plan, involving 18 countries and representing 75% of the Group’s workforce. This plan is the result of preparatory work carried out for almost a year by Group Headquarters and teams from the 18 eligible markets, and it was formally approved by the Board of Directors on 17 October 2018. All beneficiaries will be able to purchase Pernod Ricard shares under favourable terms as part of the Group Savings Plan (GSP) and an International Group Savings Plan (IGSP).
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.
European shares ticked lower in early deals on Thursday, as investors cautiously awaited manufacturing data to gauge the health of euro zone economies ahead of the Easter holiday. The pan-European STOXX 600 index edged down 0.1 percent by 0725 GMT, with all countries' bourses in the red. Better-than-expected economic data out of China on Wednesday propelled the pan-region index to a sixth day of gains.
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.