RE:MORE FROM PERNOD -- WISERS DOUBLE DIGIT GROWTH Captain, I think you should compare with PR sales in the same quarter a year earlier (pre-pandemic). During the pandemic, for whatever reason, Canadian sales held up much better than Pernod's other markets. I believe their duty-free sales were greatly impacted this year as well. CSW does not have that issue to contend with.
>>>Reported growth was +4.0% due to a favourable FX impact, mainly from US Dollar.
For full-year FY20, a significantly positive FX impact on PRO2 is expected3.
By category, growth was driven by:
• Strategic International Brands: +3%, with growth moderation due to high comparison basis
on Martell and Scotch but acceleration of Jameson, Beefeater, Malibu and Havana Club
• Strategic Local Brands: +2%, with softer growth due to very high Q1 FY19 for Seagram’s
Indian whiskies
• Specialty Brands: +15%, continued very dynamic performance, particularly for Lillet,
Monkey 47, Del Maguey and Altos
• Strategic Wines: -2%, modest decline linked to continued implementation of value strategy
on Jacob’s Creek
• Pricing: +2% on Strategic brands
https://pernod-ricard.com/en/download/file/fid/10400/