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Pernod Ricard in the US – 9% growth for premium brands – Absolut at 1% and other premium brands 10%+

Solid growth in US, with

(i) dynamic consumption for Pernod Ricard products (Nielsen and NABCA),

(ii) +9%(2) growth of the Top 14, the main growth driver with price/mix of +3%(2), and

(iii) good overall performance of the other brands (Avión, Mumm Cuvée Napa, Seagram’s Gin, promising launch of  Oddka).

Strong dynamism of the Premium brands:

Absolut (+1%(2), recent price increases in 6 states; upcoming launch of Elyx),

Jameson (+24%(2), still the main growth driver),

Malibu (+10%(2), confirmed success of innovations launched in the past year),

Beefeater (+16%(2), very good performance, led by Beefeater 24, in a context of renewed category growth),

Perrier Jouët (+17%(2), excellent volume progression with very favourable price/mix),

The Glenlivet (+21%(2), growth remains very dynamic; pricing power intact with price increases taken in the fall).

Annotation:

(2) Organic growth

Source: Pernod Ricard

http://pernod-ricard.com/5484/investors/financial-news/pernod-ricard-achieved-a-good-performance-in-hy1-2012-13