Pernod Ricard Reports 4% Q1 Growth, Fueled By Jameson

The global spirits company Pernod Ricard saw 4% in organic growth in sales in Q1, the company reported today, for $2.248 million in total sales.

This uptick was driven in part by strong showings for Jameson in America. Jameson continued double-digit growth, the company reported, with a price increase in September.

Pernod Ricard reported a 5% sales growth in America during Q1, despite a “modest decline of Absolut.” Helping offset that decline was “continued momentum on Malibu with ‘Because Summer’ campaign, and “innovation with launch of Martell Blue Swift and Chivas Ultis”

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“We will continue to implement our long-term growth strategy, focusing investments behind our priority brands, markets and innovations and remaining disciplined on pricing and costs,” says Alexandre Ricard, Chairman and Chief Executive Officer, Pernod Ricard.

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