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.
Pernod Ricard announces an employee shareholding plan named "Accelerate", opening up participation to 80% of its employees as of
Pernod Ricard has initiated a share buy-back program totaling approximately €750 million for FY22, with about €250 million executed in the first half and around €300 million completed in February and March. The company signed an agreement to repurchase shares worth up to €200 million starting on March 16, 2022, potentially extending until April 6, 2022. Shares will be bought at a maximum price of €280 each, in line with shareholder approval from November 2021. Pernod Ricard is a leading global producer of wines and spirits, reporting consolidated sales of €8.824 billion in FY21.
Jameson Irish Whiskey announced the launch of its first U.S. ready-to-drink cocktail, Jameson Ginger & Lime, on March 7, 2022. This premium cocktail, featuring triple-distilled Irish whiskey, natural ginger, and lime flavors, is packaged in a 12oz can with an ABV of 6%. Available for an SRP of $14.99, it targets the growing demand for convenient, whiskey-based cocktails. The release coincides with St. Patrick's Day celebrations, aligning with consumer preferences for outdoor and on-the-go options.
Jameson Irish Whiskey announces a two-day celebration for St. Patrick's Day, occurring on March 17 and March 18, 2022. The brand invites Americans to join the festivities responsibly, with the chance to win prizes such as $20.22 for celebration expenses and a breakfast delivered on March 18. Additionally, Jameson will donate $75,000 to the Restaurant Workers' Community Foundation, plus $1 for each sign-up, up to $25,000. The brand maintains a dominant position in the Irish whiskey market, holding a 73% share.
Pernod Ricard has signed an agreement to acquire a majority shareholding in Château Sainte Marguerite, a prestigious winery known for its Super Premium and Ultra Premium rosé wines. This acquisition, expected to finalize in the coming months, enhances Pernod Ricard's luxury portfolio, which includes renowned brands like Mumm and Perrier-Jouët. The winery will maintain its current management team, ensuring continuity and integration within Pernod Ricard's international network. This strategic move aims to bolster the company's market position and distribution capabilities.
Martell, a leading Cognac house, unveils its "Soar Beyond the Expected" campaign featuring artist Janelle Monáe and Cognac Educator ms. franky marshall. The film, "The Unexpected Effect," directed by Ewurakua Dawson-Amoah, highlights diverse paths and joy in overcoming challenges. The campaign introduces a limited-edition "Cocktail of the Future," blending Martell Blue Swift with cultural influences, and includes a donation of $200,000 to support BIPOC women in the restaurant industry. The kit is available until March 31, 2022, celebrating Black creativity and heritage.
Pernod Ricard announces an agreement to buy back shares worth up to €300 million as part of its ongoing share buyback program, which totals approximately €750 million for FY22. This program has already executed about €250 million in the first half of FY22. The buyback will start on February 18, 2022, and may extend until April 1, 2022, with a maximum price of €280 per share as approved in the November 10, 2021, shareholders' meeting.
Pernod Ricard reported H1 FY22 sales of €5,959m, with an impressive 17% organic growth and 20% reported growth. All regions experienced growth, particularly the Americas with 14% and Europe with 21%. Strategic brands drove sales with a 19% increase, while Specialty Brands rose by 21%. The company achieved a 32% rise in net profit, reaching €1,390m, supported by a strong 39% increase in recurring free cash flow. Despite a volatile environment, Pernod Ricard anticipates sustained growth into FY22, underpinned by its Transform & Accelerate strategy.
Pernod Ricard USA has launched the "Good Neighbor Initiative" in Dallas to promote safer nightlife by reducing binge drinking and impaired driving. The program aims to serve as a model for a national "Safe Night" initiative. Developed with partners including Responsibility.org and 24HourDallas, it focuses on collaboration between businesses and municipal departments. Key elements include educating business owners, mobilizing community leaders, and recognizing responsible nightlife venues. The initiative also seeks to curtail human trafficking and enhance compliance with codes and ordinances.
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