Pernod Ricard reports 1% decline in sales globally amid slump in US and Chinese revenues
Nodjame Fouad, chief executive of Irish Distillers, said Jameson achieved double digit net sales growth in key regions like India.
Some 10.7 million cases of the Irish whiskey were sold last year, essentially flat compared with the previous 12 months after several years of strong volume growth off the back of the pandemic. The decline was in line with market expectations and Pernod’s own guidance amid strong headwinds across the industry this year.Overall, Pernod’s sales declined by 9 per cent in the US and the 10 per cent China, where weak consumer sentiment impacted demand in the year.
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