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, strategic local brands, specialty brands and 4 strategic wine brands, produced and distributed by the group through its own worldwide distribution network.

18.4 %
Portfolio value 03/31/2022
14.9 %
Net dividend 12/31/2021
Investment case

The spirits market is supported by favorable 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 increased its shareholder returns through an increased payout ratio and a share buyback program.

  • Board of Directors 1/14*
  • Strategic Committee 1/10*
  • Compensation Committee 1/4*
  • Board of Directors Strategic Committee Compensation Committee