Welcome to our dedicated page for Pernod Ricard S news (Ticker: PRNDY), a resource for investors and traders seeking the latest updates and insights on Pernod Ricard S stock.
The PRNDY news page aggregates recent announcements and brand communications connected to Pernod Ricard S.A. and its U.S. subsidiary, Pernod Ricard USA. These items provide insight into how the global premium spirits and wine group develops its portfolio, approaches sustainability, and engages with consumers through marketing, partnerships and category-focused initiatives.
Readers can find coverage of brand campaigns for labels such as Malibu, Absolut and The Glenlivet, where the company outlines collaborations with public figures, new creative platforms and consumer research. For example, Malibu features in campaigns encouraging work-life balance and "vacation you" themes, while Absolut has highlighted a collaboration with Paris Hilton around the Cosmopolitan cocktail and related drinkware. The Glenlivet appears in stories that connect Scotch whisky heritage with contemporary culture and design.
News related to champagne and sparkling wine includes G.H. Mumm’s partnership with TOWT to ship champagne by sailing cargo ship from Le Havre to New York, framed as part of Pernod Ricard’s path toward carbon neutrality by 2050. This type of coverage illustrates how the group links brand activity with broader environmental objectives across viticulture, packaging, distillation and transport.
Corporate and category developments also appear in the feed. Examples include the establishment of North American Distillers to oversee the American whiskey portfolio, as well as a new Route-to-Market strategy for Pernod Ricard USA that introduces dedicated divisions for ready-to-drink offerings and emerging brands. There is also information on the "Good Nights Are Safe Nights" initiative, which focuses on responsible nightlife and harm reduction in partnership with Safe Night LLC.
By following PRNDY news, investors and observers can see how Pernod Ricard’s global positioning as a premium spirits and wine group is reflected in its U.S. operations, brand strategies, sustainability projects and responsibility programs. This page can be revisited to monitor new campaigns, category moves and corporate initiatives as they are announced.
On June 14, 2022, Malibu collaborated with country artist Jessie James Decker to launch the 'Secret Escapes' contest, allowing friends to win a $10,000 trip inspired by Decker's favorite U.S. cities. The campaign promotes the brand's positioning, urging consumers to effortlessly enjoy life with Malibu drinks. Entries are open until July 5, and winners will be announced mid-July. The campaign includes additional offerings like cocktail kits and a multi-sensory pop-up in New York City from June 16-18. The partnership emphasizes ease and enjoyment, key elements of the Malibu brand experience.
Irish Distillers plans to invest €50 million over the next four years to transform Midleton Distillery into a carbon-neutral operation by 2026. This investment marks the largest commitment by an Irish distillery toward carbon neutrality, positioning Midleton as the first and largest carbon-neutral distillery in Ireland. The project aims to eliminate scope 1 and 2 carbon emissions and will utilize innovative technologies like Mechanical Vapor Recompression (MVR) to reduce emissions by up to 70%. The initiative aligns with Pernod Ricard's broader sustainability goals.
Pernod Ricard held its Capital Markets Day on June 8, 2022, in Paris, showcasing its Conviviality Platform. CEO Alexandre Ricard emphasized leveraging data to enhance the company's sustainable growth. The platform aims for a +4 to +7% annual topline growth, focusing on pricing, operational efficiency, and substantial A&P investments at around 16% of sales. The company confirmed its financial policy priorities, targeting operating leverage of 50-60 bps annually, contingent on maintaining topline growth.
Absolut has launched its largest global marketing campaign in over a decade, titled "The World of Absolut Cocktails. Born to Mix." This campaign aims to inspire diverse individuals aged 21 and over to mix ideas and drinks together responsibly. Narrated by Rami Malek, it personifies popular cocktails, showcasing their unique characteristics. The campaign will feature prominent cocktails like Cosmopolitan, Espresso Martini, and Bloody Mary, emphasizing Absolut's brand legacy as a cultural mixer. The campaign is set to expand globally and will include national TV ads and digital content.
Chivas Brothers, part of Pernod Ricard, announced a £88 million investment to enhance sustainable distillation technologies and expand production at its Aberlour and Miltonduff distilleries in Scotland. This initiative aims to increase total production by 14 million litres annually to meet rising global Scotch demand. With net sales up 23% in February, the company further commits to achieving net zero distillation by 2026. The expansions are expected to be operational by mid-2025, reinforcing Chivas Brothers' position in the growing Scotch whisky market.
Summary not available.
Pernod Ricard reported strong financial results for the first nine months of FY22, with sales reaching €8,407 million, marking an organic growth of +18%.
Key markets like the USA and India showed impressive growth rates of +13% and +19%, respectively, while travel retail surged by +33%. Strategic International Brands rose by +20% with top performers including Jameson and Absolut. The company announced an interim dividend of €1.56 per share, payable on July 8, 2022. Despite challenges in Q4 due to COVID disruptions in China and geopolitical tensions, the full-year guidance anticipates a 17% organic growth in Profit from Recurring Operations.
Pernod Ricard has announced its partnership with the Ellen MacArthur Foundation to accelerate the transition to a circular economy. The company is committed to ensuring that 100% of its packaging is recyclable, reusable, or compostable by 2025.
Additionally, Pernod Ricard aims to pilot five circular distribution models for wine and spirits by 2030, focusing on reducing waste and carbon emissions. The company eliminated single-use plastics in promotional products ahead of schedule and is recognized for its significant sustainability goals.
Absolut celebrates 10 years as the Official Vodka of Coachella by launching Absolut.Land, an innovative virtual experience in the metaverse. This immersive space connects festival-goers digitally and in-person, featuring unique attractions like the Anti-Gravity Dance Floor and Absolut Bar. The campaign highlights Absolut's commitment to social interaction and creativity, showcasing exclusive content and collaborations, including a partnership with Swedish House Mafia. The event aims to deepen connections within the festival culture while empowering community engagement.
Summary not available.