Drinks company Pernod Ricard has reported its strongest earnings growth in seven years, largely boosted by a 6% jump in global sales of Jameson Irish Whiskey.

Jameson whiskey-owner Pernod Ricard, which is being targeted by US activist investor Elliott, vowed to improve profit margins and shareholders’ returns in a new three-year plan.

The owner of Jameson whiskey and the Irish Distillers range, Pernod Ricard, has said that there is significant concern about supplies from the UK to Europe in the event of a hard Brexit.

French drinks giant Pernod Ricard has raised its profit forecast for its current financial year, chiefly on the back of the latest strong showing for its Jameson Irish Whiskey brand.

Jameson owner Irish Distillers has acquired Cork-based craft beer producer Eight Degrees Brewing.

International drinks giant, Pernod Ricard’s group sales grew by 9% in the three months to the end of March, largely driven by the strong performance of its Jameson Irish Whiskey brand.

Jameson owner Irish Distillers has warned that proposed new legislation surrounding the selling of alcohol would put jobs, exports and the global success of Irish whiskey at risk.

French drinks company Pernod Ricard has said it expects further good sales growth in its current financial year, largely driven by the performance of Jameson whiskey in the US and Europe.

Sales of Jameson Irish Whiskey increased by 20% in value and by 16% volume-wise in the six months to the end of December, significantly boosting parent group Pernod Ricard in the first half of its current financial year.

Continued strong sales momentum for Jameson Irish Whiskey, in key overseas markets, helped international drinks giant Pernod Ricard make a positive start to its current financial year.

New Irish Distillers boss Jean-Christophe Coutures has, on the back of continued strong sales growth for flagship brand Jameson Irish Whiskey, launched a fresh attack on the Government for its high excise rates.

Sales of Jameson Irish Whiskey helped drive a 4% rise in sales in the first nine months of parent group Pernod Ricard’s current financial year.

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

The outlook for the whiskey industry is “extremely concerning” due to the high excise duties levied against it which must be cut to ensure the sector’s future, it has been warned. 

Bill Linnane selects his own exclusive bottle of Jameson whiskey straight from the cask and drinks deep from our long love affair with full-strength alcohol.

Global sales of Jameson Irish whiskey grew by 16%, year on year, during the six months to the end of December, with volumes up by 13%.