PRNDY Stock Recent News

Pernod Ricard SA. (OTCPK:PDRDF) Q4 2024 Earnings Conference Call August 29, 2024 3:00 AM ET Company Participants Florence Tresarrieu - IR Alexandre Ricard - Chairman and CEO Hélène de Tissot - EVP, Finance Conference Call Participants Sanjeet Aujla - UBS Simon Hales - Citi Laurence Whyatt - Barclays Andrea Pistacchi - Bank of America Olivier Nicolai - Goldman Sachs Celine Pannuti - JPMorgan Edward Mundy - Jefferies Chris Pitcher - Redburn Atlantic Trevor Stirling - Bernstein Florence Tresarrieu Good morning everyone.

France's Pernod Ricard reported a 1% fall in full-year organic sales on Thursday, largely in line with forecasts and its own guidance, as it managed to mostly offset deep problems in its key U.S. and Chinese businesses.

Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.

The company strengthens foundations for whiskey growth with 'North American Distillers' NEW YORK, July 11, 2024 /PRNewswire/ -- Pernod Ricard has reinforced its commitment and ambition to its American Whiskey portfolio by establishing a new Global Brand Company in the USA, North American Distillers (NADL). The new specialized business will be helmed by Richard Black, a seasoned Pernod Ricard executive with 23 years of leadership in whiskey and cognac, including time at Chivas Brothers and most recently as Global Marketing Director for Martell in Paris.

Analysts have a target price range of €133 to €210/share, with 9 out of 20 recommending a "BUY". Pernod Ricard is currently undervalued, trading at less than €131/share with a high yield and low P/E ratio. Company expects significant upside with over 80% potential increase until 2026E.

PARIS--(BUSINESS WIRE)--Regulatory News: Press Release – Paris, 28 May 2024 Pernod Ricard (Paris:RI) and ecoSPIRITS today announce entering a new stage in their relationship with a five-year global licensing agreement to enable the distribution of Pernod Ricard's spirits brands in ecoSPIRITS' circular packaging technology to on-trade venues around the world. This collaboration, which builds on the learnings of a pilot in Singapore late 2022, aims to further promote circularity in the spirits in.

Pernod Ricard SA (OTCPK:PDRDF) Q3 2024 Earnings Conference Call April 25, 2024 3:00 AM ET Company Participants Florence Tresarrieu - IR Alexandre Ricard - Chairman and CEO Helene de Tissot - EVP, Finance Conference Call Participants Andrea Pistacchi - Bank of America Simon Hales - Citi Sanjeet Aujla - UBS Sarah Simon - Morgan Stanley Edward Mundy - Jefferies Trevor Stirling - Bernstein Laurence Whyatt - Barclays Jeremy Fialko - HSBC Florence Tresarrieu Welcome, everyone, and good morning. So, we're very pleased to welcome you to our Q3 FY 2024 Sales Calls.

Pernod Ricard on Thursday reported worse than expected third quarter sales as its big U.S. and Chinese businesses remained under heavy pressure, leaving its full-year forecast resting on an uptick in demand over the next few months.

Pernod Ricard is an undervalued European company with the potential for over 20% annualized upside in the next few years. The company's share price has dropped significantly, presenting a buying opportunity. Pernod Ricard has a diverse portfolio of spirits and alcohols, with strong sales growth in every segment and geography.

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