Hints and tips:
...Or c) total jerks?...
...It’s a similar story in the C-suite....
...Overall, this leads to an average margin compression of c.300bps for the sector, leading to c.40% cut to the sector’s bottom line on average....
...The Q1 2020 IMS is due on 1 May Jefferies turns negative on Diageo, Pernod Ricard, Remy Cointreau and Campari as part of a monster 83 pager on beer and spirits, which buys the former and sells the latter...
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...And here’s Jefferies: Pernod’s COVID cut enough? China accounts for c.10% of profits, including travel retail we estimate mid-teens of profits....
...Activist involvement at NESN, PG, Danone, MDLZ and Pernod won’t have gone un-noticed at Blackfriars. A positive for shareholders, in our view. What else?...
...Cash is expected to come in c£180m lower than our current estimate (based on the midpoint of guidance) and EPS commentary points to a flat profile yoy....
...A charitable foundation supported by C&A, the European retailer, in February said it was suspending grants in Myanmar in response to the military campaign against the Rohingya....
...At London Stock Exchange, however, chief executive Xavier Rolet is saying C U L8R and thanks 4 the near-merger....
...Outside of the US, quarterly results are due from Nissan, America Movil, UBS, ING Groep, Credit Suisse, Pernod Ricard, Renault, Société Générale, Rolls-Royce and ThyssenKrupp....
...Pernod’s acquisition of Absolut at 20 times earnings is a high water mark for many, albeit for a developed market brand....
...Guala each year makes 13bn anti-counterfeit safety closures and decorative bottle tops for global drinks makers including Pernod Ricard and Diageo....
...Numis Securities said the better than expected results were helped by winning more international work from clients including Google and Pernod Ricard....
...Pernod Ricard, the maker of Absolut vodka and Perrier-Jouet champagne, exports more from Europe than it imports into the continent....
...C Group International Stephen Gould, Managing Director, Everards Brewery Ralph Findlay, Chief Executive, Marston’s Scott Waddington, Chief Executive, S.A....
...Pernod has been losing more market share than Diageo, although its Jameson Irish whiskey brand has been growing strongly in the US....
...Pernod Ricard, the French spirits producer, rose 2.3 per cent to €57.3 in spite of reporting a sales drop of 4.7 per cent in the third quarter....
...While Mr Walsh’s arch-rival, France’s Pernod Ricard, can claim the Martell cognac and Perrier-Jouët champagne brands, Diageo has had to make do with a 34 per cent stake in Moët Hennessy....
...The fall in Grey Goose sales reflects the experience of other well-known vodkas, including Pernod Ricard’s Absolut brand and Diageo’s unflavoured Smirnoff brand. They are also losing market share....
...He has been compared with Philip Bowman, former chief executive of Allied Domecq, who sold the British drinks group to France’s Pernod Ricard in 2005 before moving on to Scottish Power, and selling that...
...“People’s incomes are falling in real terms,” Guy-Noël Chatelin, consumer specialist at OC&C, a consultancy, said....
...Sacré bleu and pass the Pernod!...
...I was going to nip to the garden centre (Dobbies), buy a barbecue and some ice-cold cider (C&C/Magners) and grill a few burgers.” W: “We could go to the out-of-town shopping centre, instead….?”...
...Antrim Energy, an Aim-listed Canadian oil and gas minnow with interests in Argentina and the UK, this week reported upbeat nine-month figures with net income of C$2.1m (£1m) against losses of C$759,000 last...
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