Reported about 1 month ago
Pernod Ricard expects to return to sales growth next year after experiencing a 1% decline this year, mainly due to challenges in the U.S. and Chinese markets. The company reported a significant downturn in sales in these markets, with net sales dropping by 9% and 10%, respectively. Despite a tough economic environment, Pernod remains optimistic about recovery in other regions and aims to achieve net sales growth in the near future.
Source: YAHOO