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