Pernod Ricard Raises Fiscal 2021 Guidance
June 23 2021 - 2:05AM
Dow Jones News
By Pietro Lombardi
Pernod Ricard SA has raised the guidance for its fiscal year on
the back of a stronger-than-expected recovery.
The French drinks group said Wednesday it now anticipates an
organic growth in profit from recurring operations for fiscal 2021
of around 16%, up from previous guidance of 10%.
In organic terms, that is roughly in line with the performance
posted in fiscal 2019 despite sales still being affected by some
restrictions, the company said.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
June 23, 2021 01:58 ET (05:58 GMT)
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