PRNDY Stock Recent News

Pierre-Yves Calloc'h, chief digital officer at Pernod Ricard, comments on how artificial intelligence is transforming the French firm.

Pernod Ricard, trading at a 10-year low forward PE of ~14X, offers a 4.5% dividend yield and future growth potential. Despite recent sales declines, Pernod's diversified portfolio and growth in emerging markets like India and Brazil present strong future growth opportunities. Pernod's ability to generate €1.3 billion in free cash flow and a 17% pre-tax return on tangible capital supports its growth and shareholder returns.

An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.

Pernod Ricard's recent price drop offers a long-term buying opportunity in a historically stable and profitable industry, now trading at 15.7x earnings. Despite short-term challenges, PRNDY's strong brand portfolio and presence in key markets like India and China provide optimism for future growth. The company's elevated debt and potential dividend cut could lead to short-term volatility, but reallocating capital to buybacks and debt repayment could be beneficial long term.

Pernod Ricard faces significant challenges with an 8.5% sales decline, particularly in China and the U.S., due to tariffs and economic issues. PRNDY appears undervalued with a P/E ratio below its 5-year average, suggesting a potential 29% upside. Competitors like Brown-Forman offer better profitability and resilience, making them more attractive investments in the current macroeconomic climate.

Pernod Ricard SA (OTCPK:PDRDF) Q1 2025 Earnings Conference Call October 17, 2024 3:00 AM ET Company Participants Hélène de Tissot - EVP, Finance Florence Tresarrieu - Investor Relations Conference Call Participants Andrea Pistacchi - Bank of America Olivier Nicolai - Goldman Sachs Sanjeet Aujla - UBS Edward Mundy - Jefferies Mitch Collett - Deutsche Bank Gen Cross - BNP Paribas Simon Hales - Citi Florence Tresarrieu Good morning everyone. We are very pleased to welcome you today to our Q1 FY'25 Sales Call.

French spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused partly by weakness in China.

Pernod Ricard is a fundamentally strong and conservatively managed company with a solid credit rating, well-covered dividend, and low leverage, making it a reliable investment. Despite recent EPS softness and market overreaction, Pernod Ricard's long-term growth prospects remain promising, with an expected annualized return of 13-20%. The company's diversified portfolio and geographic reach, along with its strong market position in key regions like India, underpin its resilience and growth potential.

For the first time, Pernod Ricard (Paris:RI) is taking part as a partner in Climate Week NYC, from September 22 to 29, 2024. This major global event in the fight against climate change is an opportunity for the Group to reaffirm its climate commitments and set out its roadmap, “Good Times from a Good Place”, centred around four pillars – nurturing terroir, valuing people, circular making and responsible hosting.

Innovative Accreditation Program Launches in NYC, Setting a New Leadership Standard for Nightlife Safety with Safe Nights LLC NEW YORK , Sept. 24, 2024 /PRNewswire/ -- Pernod Ricard North America is proud to announce the launch of "Good Nights Are Safe Nights", a comprehensive, community-based initiative in partnership with Safe Night LLC.