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RI Pernod Ricard

148.85
-0.15 (-0.10%)
Last Updated: 14:58:12
Delayed by 15 minutes
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
  -0.15 -0.10% 148.85 148.80 148.90 150.15 148.70 148.85 108,949 14:58:12

Pernod Ricard to Cease Russian Operations

12/05/2023 5:48pm

Dow Jones News


Pernod Ricard (EU:RI)
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From May 2023 to May 2024

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   By Mauro Orru 
 

Pernod Ricard said it would stop all operations in Russia, becoming the latest western company to announce a retreat from the country after it invaded Ukraine.

The French drinks group said Friday that it would cease distribution of its portfolio in Russia in the coming months, a step further after it stopped exports of its international brands to the country at the end of April.

"We are assessing how to adapt our local organisation in light of these decisions, while fully complying with all local legal regulations," the company said in a statement.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

May 12, 2023 12:33 ET (16:33 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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