Pernod Ricard, the world´s number two player in Wines & Spirits holds a leading position globally
Share capital (06/30/2020) 7.5 %
Voting rights (06/30/2020) 12.4 %
Stake value (06/30/2020) € 2,786 M
Dividend (12/31/2019) € 62.1 M
Investment year
2006
Business area
Wines & Spirits
Sales
€ 9,182 M
Employees
19,000
Registered office
Paris, France
 
Profile

Since its inception in 1975, Pernod Ricard has built up the most premium portfolio in the industry and has become the world’s number two player in the Wine & Spirits market through organic growth and acquisitions, including Seagram in 2001, Allied Domecq in 2005 and Vin&Spirit in 2008. This portfolio includes notably 13 strategic international brands, 15 strategic local brands and 4 premium wine brands, produced and distributed by the group through its own worldwide distribution network.

Portfolio value 06/30/2020
15.3 %
Net dividend 12/31/2019
12.7 %

Excluding the reimbursements by the French tax authorities of withholding taxes which had been applied to Total and ENGIE dividends

Investment case

The spirits market is supported by favourable long term trends, in particular:

  • Expanding urban population, especially in emerging markets
  • Growing market share compared to beer and wine
  • Premiumization by consumers.

Pernod Ricard has a steady and diversified growth and profitability profile:

  • Number two player worldwide with one of the industry’s most complete brand portfolios
  • Systematic upmarket move thanks to its superior-quality and innovative products
  • Numerous high potential brands, including recent successful acquisitions
  • Leading positions in categories such as cognac, whisky and rum
  • Unique geographical exposure with twin-engines of growth in China and India.

After several years of focus on deleveraging, Pernod Ricard has recently increased its shareholder returns through an increased payout ratio and a share buyback program.

  • Board of Directors Strategic Committee Compensation Committee
  • Board of Directors 1/14*
  • Strategic Committee 1/6*
  • Compensation Committee 1/5*