|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||161.40 - 163.10|
|52 Week Range||127.05 - 163.10|
|Beta (3Y Monthly)||0.16|
|PE Ratio (TTM)||29.76|
|Earnings Date||Feb 9, 2017 - Feb 13, 2017|
|Forward Dividend & Yield||2.53 (1.63%)|
|1y Target Est||140.97|
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.
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.
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.
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...
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.
Pernod Ricard (RI.PA) launches today its 2030 Sustainability & Responsibility roadmap as part of the Group’s strategic plan Transform & Accelerate. This roadmap sets out 8 ambitious and concrete 2030 targets supporting the United Nations Sustainable Development Goals (SDGs) and will be unveiled today at the Martell Cognac distillery in France. The Group is taking bold next steps in addressing both environmental topics, to preserve the terroirs its products come from, and social responsibility, in particular by accelerating the fight against alcohol misuse.
Live TV Talk Show available for everyone HERE
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...
The Group is continuing its transformation and is today committed to an ambitious policy to digitalise the management of its human resources. Pernod Ricard is rolling out on a global scale, after a deployment phase of only one-year, the most innovative HR solution on the market: Workday, now available to its 19,000 employees. Each employee, irrespective of role or location, can now access and manage with a single click all the data related to the management of their professional career within Pernod Ricard: their personal information, reviews, remuneration, training, mobility projects, team, etc.
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.
Brexit and France's "yellow vest" protest movement pushed the number of bottles of French champagne sold last year to its lowest since 2004, trade group data showed on Sunday. The Comité Interprofessionnel du Vin de Champagne (CIVC) said the number of bottles sold fell 1.8 percent to 302 million in 2018, though total revenue edged up 0.3 percent to a record 4.9 billion euros ($5.6 billion) as prices rose. "The fall in volume is becoming a bit worrying, with the slowdown in France and Britain not compensated by higher sales outside the European Union," CIVC co-president Jean-Marie Barillere told Reuters.
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically, Pernod Ricard SA (EPA:RI) has paid a dividend toRead More...
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...