Shorts make spirited Irish recovery, says Pernod

PERNOD RICARD, owners of the Irish Distillers Group, said the decline in the Irish spirits market has halted and that the sector is recovering after a dreadful 2003.

That year, the group’s Irish performance was hit by the 20% decline in spirits following the 43% hike in spirit duties in the 2002 Budget.

In the current year the omens are better and the fortunes of Irish Distillers have improved with Jameson showing stellar growth internationally.