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Pernod Ricard (RI:EN) Sales and Profit Fall as Drinkers Pull Back

Pernod Ricard SA shares gained after the maker of Jameson Irish Whiskey said sales should improve in the US as demand returns to normal after the pandemic.

Revenue in the six months through June should show an improvement on the company’s fiscal first half, during which organic revenue dropped 3%, the company saidBloomberg Terminal Thursday. The stock rose as much as 6.3%, touching a two-month high.

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Patria Henriques

Update: 2024-07-23