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Pernod Ricard's India sales jump 19% in fiscal Q1, cushioning group decline as China and US slump

Pernod Ricard's India sales rose 19% in the fiscal first quarter, limiting the group's organic net sales fall to 0.9% as China fell 25% and the US 10%. The company is preparing for a potential IPO of its Indian business, which needs board approval.

Fiscal Q1 sales change in India and the three regions that fell
India
19%
China
-25%
US
-10%
Europe
-6%
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Reported figures

From the report. Source details below

Analyst-estimated organic net sales fall: 1.24%
Europe sales change, fiscal Q1: -6%
Medium-term organic growth target: 3% to 6%

The source

Source Read the source at ET Small Business

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Confirmed by Business Standard

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