Pernod Ricard is getting a slightly weaker cocktail from a better mix than its major competitor Diageo.
French whiskey maker Jameson announced record full-year results on Thursday. Sales were up 17% in the year to June, although duty-free alcohol purchases at airports have yet to recover to 2019 levels and some Chinese cities have taken time back under the rule of law. embargo period of Covid-19. The company’s operating profit margin increased to 28.3%. So far, drinkers are devouring the price increase needed to offset inflation at Pernod’s own expense.
