Financials Pernod Ricard

Equities

Real-time Euronext Paris Other stock markets 08:41:20 2024-12-09 am EST			5-day change	1st Jan Change
111.20 ^EUR	+2.16%		+5.05%	-30.39%

Dec. 07	Campari Group Announces CEO Changes	CI
Dec. 04	Absolut Vodka Maker Pernod Ricard Denies Reported Violations in India	MT

Fiscal Period: June	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	8,448	8,824	10,701	12,137	11,598	11,305	11,599	12,114
Change	-	4.45%	21.27%	13.42%	-4.44%	-2.53%	2.61%	4.44%
EBITDA ¹	2,610	2,790	3,405	3,765	3,557	3,455	3,589	3,779
Change	-	6.9%	22.04%	10.57%	-5.52%	-2.87%	3.88%	5.29%
EBIT ¹	2,260	2,423	3,024	3,348	3,116	3,023	3,150	3,325
Change	-	7.21%	24.8%	10.71%	-6.93%	-2.98%	4.2%	5.56%
Interest Paid ¹	-328	-262	-215	-291	-417	-428.7	-413.2	-402.2
Earnings before Tax (EBT) ¹	608	1,986	2,704	2,933	2,272	2,577	2,767	2,965
Change	-	226.64%	36.15%	8.47%	-22.54%	13.41%	7.38%	7.16%
Net income ¹	329	1,305	1,996	2,262	1,476	1,887	1,997	2,148
Change	-	296.66%	52.95%	13.33%	-34.75%	27.88%	5.79%	7.57%
Announcement Date	9/2/20	9/1/21	9/1/22	8/31/23	8/29/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Juni	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	2,483	2,991	1,736	1,238	2,236	2,750	1,955	1,883	2,718	3,242	2,447	2,295	3,308	3,808	2,391	2,630	3,042	3,548	2,347	2,661	2,783	3,477	2,299	2,628
Change	-	20.46%	-41.96%	-28.69%	80.61%	22.99%	-28.91%	-3.68%	44.34%	19.28%	-24.52%	-6.21%	44.14%	15.11%	-37.21%	10%	15.67%	16.63%	-33.85%	13.38%	4.58%	24.94%	-33.88%	14.31%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	894	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	10/17/19	2/13/20	4/23/20	9/2/20	10/22/20	2/11/21	4/22/21	9/1/21	10/21/21	2/9/22	4/28/22	9/1/22	10/20/22	2/16/23	5/31/23	8/31/23	10/19/23	2/15/24	4/25/24	8/29/24	10/17/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Juni	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	2,974	4,985	3,839	5,959	4,742	7,116	5,021	6,590	5,008	6,207	5,030
Change	-	67.62%	-22.99%	55.22%	-20.42%	50.06%	-29.44%	31.25%	-24.01%	23.94%	-18.95%
EBITDA	-	-	-	2,187	-	-	1,153	2,361	-	-	-
Change	-	-	-	-	-100%	-	-	104.77%	-100%	-	-
EBIT ¹	472	1,595	828	1,998	1,026	2,423	925	2,144	972	1,941	1,093
Change	-	237.92%	-48.09%	141.3%	-48.65%	136.16%	-61.82%	131.78%	-54.66%	99.73%	-43.7%
Charge d'intérêts ¹	-162	-151	-111	-102	-113	-134	-157	-200	-217	-220	-220
Earnings before Tax (EBT) ¹	-	1,280	706	1,862	843	2,370	563	2,074	198	1,647	937.5
Change	-	-	-44.84%	163.74%	-54.73%	181.14%	-76.24%	268.38%	-90.45%	731.82%	-43.08%
Net income ¹	-	966	339	1,390	606	1,792	470	1,569	-93	1,222	691.5
Change	-	-	-64.91%	310.03%	-56.4%	195.71%	-73.77%	233.83%	-	-	-43.44%
Announcement Date	9/2/20	2/11/21	9/1/21	2/9/22	9/1/22	2/16/23	8/31/23	2/15/24	8/29/24	-	-

¹EUR in Million

Estimates

Fiscal Period: Juni	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	8,424	7,452	8,657	10,273	10,951	10,482	10,336	10,177
Change	-	-11.54%	16.17%	18.67%	6.6%	-4.28%	-1.39%	-1.54%
Announcement Date	9/2/20	9/1/21	9/1/22	8/31/23	8/29/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Juni	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	352	370	481	610	766	768.7	725.8	675.7
Change	-	5.11%	30%	26.82%	25.57%	0.35%	-5.58%	-6.9%
Free Cash Flow (FCF) ¹	830	1,628	1,813	1,431	963	1,635	1,569	1,689
Change	-	96.14%	11.36%	-21.07%	-32.7%	69.74%	-4.04%	7.67%
Announcement Date	9/2/20	9/1/21	9/1/22	8/31/23	8/29/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: Juni	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	30.89%	31.62%	31.82%	31.02%	30.67%	30.56%	30.94%	31.19%
EBIT Margin (%)	26.75%	27.46%	28.26%	27.59%	26.87%	26.74%	27.16%	27.45%
EBT Margin (%)	7.2%	22.51%	25.27%	24.17%	19.59%	22.79%	23.85%	24.47%
Net margin (%)	3.89%	14.79%	18.65%	18.64%	12.73%	16.7%	17.22%	17.73%
FCF margin (%)	9.82%	18.45%	16.94%	11.79%	8.3%	14.46%	13.52%	13.94%
FCF / Net Income (%)	252.28%	124.75%	90.83%	63.26%	65.24%	86.6%	78.55%	78.63%
Profitability
ROA	4.6%	5.06%	5.86%	6.35%	5.2%	4.79%	4.91%	5.02%
ROE	9.61%	11.2%	12.97%	14.78%	12.71%	11.59%	11.58%	11.88%
Financial Health
Leverage (Debt/EBITDA)	3.23x	2.67x	2.54x	2.73x	3.08x	3.03x	2.88x	2.69x
Debt / Free cash flow	10.15x	4.58x	4.77x	7.18x	11.37x	6.41x	6.59x	6.03x
Capital Intensity
CAPEX / Current Assets (%)	4.17%	4.19%	4.49%	5.03%	6.6%	6.8%	6.26%	5.58%
CAPEX / EBITDA (%)	13.49%	13.26%	14.13%	16.2%	21.54%	22.25%	20.22%	17.88%
CAPEX / FCF (%)	42.41%	22.73%	26.53%	42.63%	79.54%	47.02%	46.27%	40.01%
Items per share
Cash flow per share ¹	4.473	7.64	8.833	7.914	-	8.418	9.658	10.25
Change	-	70.81%	15.61%	-10.4%	-	-	14.73%	6.11%
Dividend per Share ¹	2.66	3.12	4.12	4.7	4.7	4.378	4.522	4.636
Change	-	17.29%	32.05%	14.08%	0%	-6.86%	3.3%	2.52%
Book Value Per Share ¹	52.63	56.63	61.81	61.48	62.17	65.49	67.2	70.03
Change	-	7.6%	9.16%	-0.53%	1.11%	5.34%	2.61%	4.21%
EPS ¹	1.246	4.99	7.685	8.806	5.83	7.324	7.861	8.509
Change	-	300.5%	54.01%	14.58%	-33.8%	25.63%	7.33%	8.25%
Nbr of stocks (in thousands)	262,811	260,829	259,563	256,132	250,009	251,302	251,302	251,302
Announcement Date	9/2/20	9/1/21	9/1/22	8/31/23	8/29/24	-	-	-