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French spirits group Pernod Ricard said on Wednesday it was banking on digital initiatives, its portfolio of high-end brands and its distribution network to accelerate sales growth over the mid-term.

French spirits maker Pernod Ricard expects the coming weeks in China to remain difficult amid restrictions tied to the COVID-19 crisis in the country, its Chief Financial Officer told Reuters on Thursday.

By Joshua Kirby

French spirits group Pernod Ricard said strong demand in its key U.S., Chinese and European markets drove a 20% jump in organic sales in the third quarter of its 2021/2022 fiscal year, beating analysts' forecasts.