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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Pernod Ricard | EU:RI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.65 | 2.12% | 127.50 | 127.50 | 127.55 | 128.00 | 125.80 | 125.80 | 155,123 | 16:23:20 |
From Jul 2019 to Jul 2024
By Pietro Lombardi
Pernod Ricard SA (RI.FR) said it targets full-year organic growth in profit from recurring operations at the top of its target range after third-quarter net sales rose.
Sales for the period were 2 billion euros ($2.26 billion), including 2.5% organic growth and 4.5% reported growth, the company said Thursday.
The maker of Absolut vodka and Jameson whiskey now expects organic growth in profit from recurring operations of about 8%, at the top end of its previously stated range of between 6% and 8%.
"Growth was very strong and diversified in the first nine months of FY 2019, responding to our long-term investment strategy," Chief Executive Alexandre Ricard said.
"For full-year FY 2019, in an environment that remains uncertain, we aim to continue dynamic and diversified growth across our regions and brands."
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
April 18, 2019 02:06 ET (06:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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