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PERNOD RICARD

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Pernod Ricard : Collaborates with Lafayette Imports to Strengthen Brand-building...

03/17/2021 | 08:41am EDT

Pernod Ricard announces a collaboration with Lafayette Imports, a new company founded by Biggar & Leith partners Elwyn Gladstone and Mark Teasdale. The new venture will bring unique brand-building capabilities to certain super-premium brands in the Group's portfolio.

Lafayette Imports will take on Pernod Ricard's Plymouth Gin, Powers Irish Whiskey and a range of craft Irish Whiskey brands including Knappogue Castle Single Malts and Clontarf. These brands will be combined with Biggar & Leith's spirits portfolio of Spytail Rum, Hotel Starlino Vermouth, Stambecco Amaro, The Gladstone Axe Malt Scotch, Shanky's Whip and The Butterfly Cannon Tequila to create a dynamic portfolio of noteworthy imports in fast growing and dynamic categories.

Alexandre Ricard, Chairman and CEO of Pernod Ricard, said: 'Plymouth, Powers, Knappogue Castle and Clontarf have strong potential in growing categories. As we strive to constantly strengthen our brand-building, this dedicated and fit for purpose approach allows these brands to have renewed development and to meet new consumers. The Gin Hub and Irish Distillers global brand companies will work closely with Lafayette Imports to support this innovative approach.'

For Lafayette Imports, Mark Teasdale commented: 'The Spirits market is driven by innovation and premium high-quality brands with provenance and heritage. We are excited to be bringing our expertise, track-record and know-how to an entirely new company which will house a noteworthy portfolio of brands in exciting categories with huge growth potential.'

Pernod Ricard Contacts
Julia Massies / VP, Financial Communications & Investor Relations +33 (0) 1 70 93 17 03
Charly Montet / Investor Relations Manager +33 (0) 1 70 93 17 13
Emmanuel Vouin / Head of External Engagement +33 (0) 1 70 93 16 34

Disclaimer

Pernod Ricard SA published this content on 17 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 12:41:01 UTC.


© Publicnow 2021
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Sales 2021 8 681 M 10 543 M 10 543 M
Net income 2021 1 357 M 1 648 M 1 648 M
Net Debt 2021 7 550 M 9 169 M 9 169 M
P/E ratio 2021 34,0x
Yield 2021 1,60%
Capitalization 45 736 M 55 512 M 55 547 M
EV / Sales 2021 6,14x
EV / Sales 2022 5,64x
Nbr of Employees 18 776
Free-Float 76,1%
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Technical analysis trends PERNOD RICARD
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 180,47 €
Last Close Price 175,35 €
Spread / Highest target 16,9%
Spread / Average Target 2,92%
Spread / Lowest Target -20,2%
EPS Revisions
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NameTitle
Alexandre Ricard Chairman & Chief Executive Officer
Hélène de Tissot Director-Finance & Operations
Frèdèric Andrè Director-Information Technology Governance
Anne-Marie Poliquin General Counsel & Compliance Officer
Wolfgang Colberg Independent Director
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