Turnover: 10.7 billion EUR (2022)

Country: France

Pernod-Ricard was created in 1975 by the merger of the two companies Pernod, founded in 1805, and Ricard, founded in 1932.

Pernod-Ricard is an international group. It generates 41% of its sales in Asia, 28% in the Americas and the remainder in Europe. In all, 92% of its sales are generated outside France. The company will have 96 production sites in 2017

The world's second-largest spirits group

The group owns numerous brands with a truly international aura. These include Absolut, Ricard, Jameson and Ballantine's. The group is first and foremost a producer of spirits, although it has a more modest activity in the wine sector

The Group is France's leading spirits retailer, with a 22% market share by volume

Pernod Ricard has also owned Havana Club since 1993.

Havana Club was founded in Cuba in 1934. In 2013, it achieved the fifth highest sales measured by rum brands. Havana Club in particular has been distilled in Puerto Rico since 2016.

News

How India is becoming Pernod Ricard's whisky paradise 22/01/2024

  • Pernod Ricard aims to accelerate its presence in India.
  • The French giant, which occupies a leading position in the sub-continent
  • Strong growth in the Indian whisky market.
  • In the entry-level whisky segment, the group owns Royal Stag and Imperial Blue - two brands produced in India that rank among the top 5 best-selling whiskies in the country. It also owns several high-end brands: Chiva's Regal, Ballantine's and Glenlivet - imported whiskies that carry a 150% surtax.
  • India accounts for 10% of the Group's total sales, or around 1.2 billion euros.
  • A major market for the Group behind the United States.
  • Consumption of imported whiskies and high-end Indian single malts is booming.
  • Scotch imports are set to double between 2020 and 2022,
  • India is the leading export market for Scottish brands.
  • Sales of Indian single malt rose by 144% between 2021 and 2022.
  • Local brands owned by the French giant account for 85% of sales by value. Imports of foreign brands account for the remaining 15%.
  • Pernod Ricard has 27 factories across the country.

The trials and tribulations of Pernod Ricard to create the first whisky "made in China" 17/12/2023

  • Pernod Ricard inaugurates the country's first whisky distillery
  • Pernod Ricard plans to invest 150 million euros over ten years in this project.
  • Market launch of the first bottles of The Chuan, the first pure malt made in China.
  • Bottles are priced between 115 and 190 euros, depending on the degree of alcohol (40, 46 or 60 degrees) and the type of aging.
  • Pernod Ricard's Chinese subsidiary accounts for 10% of group sales
  • Pernod Ricard is the world's second-largest spirits company, and already owns some 50 whiskies (including Chivas, Ballantine's, The Glenlivet, Aberlour, Royal Salute, Jameson and Jefferson's),
  • The Chinese spirits market remains 97% dominated by Baijiu (sorghum-based alcohol).
  • Western spirits share the remaining 3%, starting with cognac (a market worth 3.2 billion euros, according to specialist consultancy IWSR) and whisky (1.2 billion euros).
  • The Emeishan distillery is located on the Mount Emei road, used by millions of Chinese tourists throughout the year. Pernod Ricard expects two million visitors within the next ten years.

The Chuan, Pernod Ricard's first Chinese whisky | Pernod Ricard and Chuan Whisky 13/12/2023

  • The Pernod Ricard group has launched the first bottles of pure malt produced at The Chuan distillery in China.
  • The bottles are priced at 100 euros each.
  • Pernod Ricard has invested 150 million euros over ten years to finance China's first foreign whisky distillery.
  • The distillery has a capacity of 1 to 1.5 million pure spirits.
  • China remains a massive consumer of Baiju, the national spirit, with a share of foreign alcohol consumption of less than 2%.
  • Pernod Ricard holds leading positions in China for the two most widely consumed imported spirits, cognac with Martell and whisky with Chivas.

Whisky has become Pernod Ricard's new hobbyhorse 01/09/2023

  • Whisky represents 45% of Pernod Ricard's sales.
  • Pernod Ricard owns a portfolio of 50 whisky brands.
  • The world's leading spirit, whisky represents 38% of total industry sales and 32% of volumes.
  • Whisky accounted for a third of the growth recorded by Pernod Ricard in the 2022-2023 financial year.
  • Pernod Ricard has invested 150 million euros in the construction of China's first whisky distillery, with a production capacity of 1 to 1.5 million liters of pure alcohol.
  • The production capacity of Pernod Ricard's Irish brand Jameson has been doubled to 9 million cases by 2020, with an investment to reach 20 million cases through the construction of a new distillery at a cost of 250 million euros.
  • Pernod Ricard has also invested 250 million euros to build a new distillery in Kentucky.
  • In India, the Group produced a total of 45 million cases.

Pernod Ricard performs better than expected despite slowdown in US market 31/08/2023

  • The global alcohol and wine market in the United States is set to slow down in fiscal 2022-2023.
  • The Pernod Ricard Group reports an 8% price increase in its market and only a slight increase in volumes (+1%).
  • Pernod Ricard's sales rose by 10% to 12.1 billion euros over the full fiscal year, with a 13% increase in face value thanks to the dollar's appreciation against the euro.
  • The Pernod Ricard Group increased its stake in the American wine and spirits group Sovereign Brands.

Pernod Ricard sells Clan Campbell whisky to Stock Spirits of Italy 27/06/2023

  • Pernod Ricard is the world's number two in wines and spirits.
  • Pernod Ricard owns a significant portfolio of whisky brands, including Jameson and Chivas.
  • Jameson is approaching the symbolic milestone of 10 million cases, while Chivas is stagnating at around 5.4 million cases.
  • Stock Spirits, the potential buyer of Clan Campbell, was founded in Italy in 1884 and was acquired by private equity firm CVC Capital in 2021.
  • Stock Spirits' sales in 2020 were 341 million euros and net income 19.6 million euros.
  • Stock Spirits owns 4 production sites and markets 70 brands of spirits and liqueurs in around 50 countries.
  • Stock Spirits has a market share of 30% of vodka sales in Poland, 34% of the total spirits market in the Czech Republic and 7.2% in Italy.

Pernod Ricard acquires Canadian ready-to-drink alcoholic beverage specialist 13/06/2023

  • Acquisition of 90% of Ace Beverage Group (ABG) by Corby Spirit and Wine.
  • Enterprise value: C$165 million (approx. €115 million).
  • Annual growth rate of over 20% in the ready-to-drink alcoholic beverage category between 2016 and 2021.
  • Double-digit growth forecast for the coming years.

After a controversy over its Absolut vodka, Pernod Ricard ceases operations in Russia 13/05/2023

  • Pernod Ricard will stop selling its products in Russia at the end of April 2023.
  • The French group owns brands such as Absolut vodka, Havana Club rum, Jameson whisky and Mumm champagne
  • 300 employees work in Pernod Ricard's local teams in Russia
  • Before the war, Russia accounted for less than 3% of Pernod Ricard's sales.
  • More than 500 French companies, including 35 CAC 40 groups, operated in Russia, employing 160,000 people.

Pernod Ricard ceases exports to Russia 13/05/2023

  • Suspension of exports of Absolut vodka, Sweden's flagship product, to Russia in April.
  • Prior to 2022, Pernod Ricard's activities in Russia accounted for around 3% of its earnings.

september 2, 2020 - Pernod-Ricard expects renewed growth despite its difficulties in 2020-2021 - source(Les Echos)

  • More than 40 different brands (Absolut, Ricard, Scotch...)
  • 19,000 employees
  • Sales down 37% between end 2019 and end 2020, including 14% in Asia
  • Sales down 8% to 8.45 billion by end 2020
  • Travel Retail still at a standstill during the health crisis
  • Pernod-Ricard nevertheless expects growth in earnings and sales for 2021

february 5, 2020 - Havana Club faces US restrictions - source(Ouest France)

  • Havana Club prices range from €14 to €1299 in Germany
  • 100% Cuban product
  • 4.7 million 9-liter cases produced in 2018-2019
  • Havana Club suffers from the US embargo, which prevents it from accessing 40% of the world market

Financial Data

DUNS: 582041943

Legal Name: PERNOD RICARD

Address: 5 CRS PAUL RICARD , 75008 PARIS 8

Number of employees: Entre 250 et 499 salariés (2018)

Capital: 405 908 668 EUR


Financial Data:

Year Turnover (€) Net Profit (€) Fiscal Year End Fiscal Year Duration
2018 29 475 000 EUR 565 823 000 EUR 30/06/2018 12
2017 32 300 000 EUR 966 776 000 EUR 30/06/2017 12
2016 29 101 000 EUR 764 078 000 EUR 30/06/2016 12
2015 33 959 000 EUR 1 614 769 000 EUR 30/06/2015 12

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration Alexandre Bernard Cyrus Ricard 51
Directeur général Alexandre Bernard Cyrus Ricard 51

Studies mentioning this company

The Spirits Market - Italy

Other companies mentioned:

The spirits market - Spain

Other companies mentioned:

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