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Pernod Ricard's India sales jump 19% in fiscal Q1, cushioning group decline as China and US slump
Pernod Ricard's India sales rose 19% in the fiscal first quarter, limiting the group's organic net sales fall to 0.9% as China fell 25% and the US 10%. The company is preparing for a potential IPO of its Indian business, which needs board approval.
- India
- 19%
- China
- -25%
- US
- -10%
- Europe
- -6%
Reported figures
From the report. Source details below
| Analyst-estimated organic net sales fall: | 1.24% |
|---|---|
| Europe sales change, fiscal Q1: | -6% |
| Medium-term organic growth target: | 3% to 6% |