Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher. Pernod ...

(Bloomberg) -- Pernod Ricard SA cut its sales outlook on a slump in Cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Shares inched higher.

PARIS – Pernod Ricard cut its sales outlook on a slump in cognac demand in China, a move seen by investors as a “realistic” step for the French spirits maker. Pernod, whose brands also ...

French drinks company Pernod Ricard has cut its 2025 and longer-term outlook and brought forward issuing of its first half results, citing challenging market conditions in the US and China.

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