Pernod Ricard SA (0HAT.IL)
| Previous close | 126.32 |
| Open | 125.60 |
| Bid | 126.15 x 0 |
| Ask | 128.40 x 0 |
| Day's range | 125.60 - 127.75 |
| 52-week range | 122.10 - 202.20 |
| Volume | |
| Avg. volume | 213,164 |
| Market cap | 32.174B |
| Beta (5Y monthly) | 0.51 |
| PE ratio (TTM) | 13.69 |
| EPS (TTM) | 9.31 |
| Earnings date | 29 Aug 2024 |
| Forward dividend & yield | 4.70 (2.82%) |
| Ex-dividend date | 24 Nov 2023 |
| 1y target est | N/A |
CNN BusinessBig booze maker ditching wine brands as the world drinks less
Pernod Ricard is selling most of its wine brands, as wine consumption is falling globally, and will instead focus on growing its champagne and premium spirits labels, including in the United States.
ReutersPernod Ricard offloads bulk of wine unit to focus on spirits
LONDON (Reuters) -Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits. The world's No.2 Western spirits maker plans to sell its wine brands from Australia, New Zealand and Spain, including well-known labels like Jacobs Creek, Stoneleigh and Campo Viejo, subject to regulatory approvals. The move will see Pernod hone its portfolio further towards spirits like Absolut Vodka and Martell cognac, especially liquors with a higher price tag.
Business WirePernod Ricard to Sell Its Portfolio of Strategic International Wines to Australian Wine Holdco Limited
PARIS, July 17, 2024--Regulatory News: Press release - Paris, 17 July 2024
