Pernod Ricard SA

RI: XPAR (FRA)
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Pernod Ricard: Improving Sales in Third Quarter Clouded by Conflict Uncertainty; Fair Value Cut

Pernod Ricard’s fiscal third-quarter trading update included an organic net sales decline of 0.1%, ahead of company-compiled consensus. The US and China markets declined 12% and 7%, respectively. Shares were down slightly in April 16 intraday trading.

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