Pernod Ricard CEO flags no US growth until after FY29
CEO said the company assumes no growth in the US market until after FY29, despite some improving trends. He cited cautious trade sentiment in China and headcount reduction of 18% (around 3,600 employees) between FY24 and FY26.
Story updates
06:38:56 AM UTC
SquawkNews
We See Some Improving Trends, Cautious Optimism In Trade Sentiment In China We Have Reduced Headcount By 18%, Or Around 3,600 Employees, Between FY 24 And FY 26 We Have Filed For US Tariff Refunds
06:47:41 AM UTC
SquawkNews
Pernod Ricard FY26 Profit, Sales Drop; Sees Flat Organic Sales In FY27, Growth In Mid-term
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