Business
Pernod Ricard : Third Quarter FY26 Sales and Results
Pernod Ricard : Third Quarter FY26 Sales and
About this update from Pernod Ricard Sa
Press Release 16/04/2026 IMPROVING MOMENTUM WITH STABLE ORGANIC NET SALES IN Q3 IN A VOLATILE CONTEXT Q3 FY26 ORGANIC NET SALES +0.1% (-14.6% REPORTED) YTD ORGANIC NET SALES -4.4% (-14.8% REPORTED) We report as expected, a sequential improvement in Organic Net Sales in Q3 compared to H1, with total group volumes in Q3 back to growth at +4%, and with Strategic International Brands' volumes growing +3%. When excluding the US and China markets which contracted in Q3 -12% and -7% respectively, Q3 Organic Net Sales in the rest of the world are growing strongly at +5%. Sales have improved in markets across all regions in Q3, with strong momentum in Emerging Markets and continued growth in several Mature Markets. We are exploiting evolving consumer trends to capture growth with actions that address consumer trends and needs including: • Addressing affordability with RGM, smaller formats and standard and premium brands, • Consumer experiences, with music festival activations, • Convenience, including through RTD, and through targeted stores activations • Broadening the consumption occasions, with the launch of no and low alcohol products. We are actively managing what is within our control, adapting our resources with agility, deploying our efficiency program, steering the organisation to fuel our future growth and optimise our cash generation. FY26 Q3 Net Sales totalled €1,945m, an organic growth of +0.1%, and -14.6% reported. FY26 9M Net Sales totalled €7,199m, an organic decline of -4.4% and -14.8% reported, with unfavourable Foreign Exchange impact of -€515m mainly linked to USD, INR and TRY , and Group Structure of -€393m mainly linked to the disposal of Wines & Imperial Blue business.By regions, (Organic Net Sales Q3/YTD): • Americas -8% / -10%, o USA -12% / -14%, - Our Sell-out value gap-to-market sustained at c.2pts - After a soft OND holiday season, Q3 market2 performance improved to -4%, slightly ahead of the YTD trend, with the On-trade channel performing better than the Off-trade, - Active innovation pipeline, recruiting new consumers and maintaining brand desirability, with notable recent examples including Jameson Triple Triple, Absolut Tabasco and Malibu Pink. o Canada: solid growth YTD, double digits in Q3 with strong growth from RTDs, Canadian Whisky and Jameson, o Brazil: back to growth in Q3, following the easing of the impacts from the met...