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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.70 | 2.16% | 127.55 | 127.50 | 127.55 | 128.00 | 125.80 | 125.80 | 153,951 | 16:22:01 |
From Jul 2019 to Jul 2024
By Anthony Shevlin
Pernod Ricard SA (RI.FR) sees its long-term outlook in Asia as very favorable, according to a presentation posted online Tuesday.
The French spirits maker said it is uniquely positioned to capture both present and future growth opportunities in the key China market. Pernod Ricard aims to double the imported spirits market in the country to 2% in 2025 from 1% in 2017.
The company's strategy of a premium sales mix and price increases is expected to further boost its top-line growth in China.
In India, Pernod Ricard said it aims to consolidate its leading position in the industry.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin
(END) Dow Jones Newswires
June 04, 2019 04:09 ET (08:09 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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