US sales of Jameson boost Pernod revenues

Strong US sales growth for Irish whiskey brand Jameson helped boost parent company, Pernod Ricard’s revenues 3% in the last three months.

The Paris-based spirits company yesterday reported first-quarter sales (to the end of September) of just over €2.2bn; up 3% on an annualised basis.

While an 8% year-on-year rise in sales of its priority premium wine brands (to €117m) and a 5% jump in sales of key local brands, to €403m helped; the group’s quarterly performance was really driven by a 2% jump in sales of its ‘top 14’ brands, particularly Jameson and Scotch whisky brand The Glenlivet, to €1.43bn. Sales from mature geographical markets rose by 4% with emerging market sales up 2% year-on-year.