Pernod Ricard GAAP EPS of €7.90, revenue of €11.6B; initiates FY25 outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 29 2024
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Source: SeekingAlpha
Financial Performance: Pernod Ricard reported a FY GAAP EPS of €7.90 and revenue of €11.6B, reflecting a 4.4% year-on-year decline, with free cash flow down 33% to €963M and net debt increasing to €10.951B.
Future Outlook: The company aims for organic net sales growth of 4% to 7% in the medium term, expecting a recovery in FY25 despite challenges in Q1 due to inventory adjustments in the US and weak macro conditions in China.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
