Pernod revises growth forecast upwards

IRISH Distillers owner Pernod Ricard, the world’s second-largest wines and spirits group, said because of stronger organic growth it has revised upwards its full-year growth forecast for its current financial year.

In the first six months to December 31, the French drinks giant, which owns Irish Distillers, said strong volume growth of 10.1% in the first half will be followed by solid growth of 9.1% in the second half.

Jameson Whiskey, produced in Midleton, continued to do well internationally for the group achieving a volume increase of 16% in the half year.