Irish forecourt and motorway services station operator Applegreen expects to take a hit to profits this year due to the Covid-19 outbreak, but said it is too early to estimate how much lower profits will be.

Sales of Jameson Irish Whiskey helped drive first half revenues at parent group Pernod Ricard, but the French drinks giant has warned the coronavirus will hit its full-year top line figures.

As US president Donald Trump targets champagne in an escalating trade tussle with Europe, makers of one of France’s quintessential luxuries are losing support from domestic drinkers.

To the unknowing passer-by, yesterday might have presented a similar appearance to Munster Final day as crowds streamed into Pairc Ui Chaoimh. Rather than the spectacle of a hurling or football encounter, however, the legendary venue instead hosted the PM Group’s 40th celebration of business in Cork.

Fears have been raised that Irish goods could be dragged into

Peter Dowdall reports on efforts to halt biodiversity loss to boost coastal habitats in the Cork area

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.

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

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, is banking that its push into socially and environmentally sound business practices will boost its growth in the coming decade.

Frits Potgieter has been appointed as general manager of the 5-star Muckross Park Hotel & Spa in Killarney, part of the iNua Collection.

Activist investor Elliott has kept up the pressure on French spirits group Pernod Ricard, welcoming this week’s first-half results, but calling for boardroom changes and better margins.

Drinks company Diageo which owns Guinness, Smirnoff and Baileys has said sales in the first half of its financial year in Ireland were flat but that its overall performance globally produced better-than-expected results.

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.

Diageo, the maker of Johnnie Walker whisky and Smirnoff vodka, forecast stronger sales and profit growth in the second half of its financial year after a first half affected by negative factors in China and India and higher spending.

Spanish premium beer producer Hijos de Rivera is to take a significant shareholding in the Carlow Brewing Company, the company behind O’Hara’s craft beer range.

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.

Good afternoon. Here’s all the news you need to know this lunchtime.

Here’s a briefing on some of the stories and issues highlighted on irishexaminer.com today.

A €10.5m investment in Midleton Distillery will help grow the industry for the next 30 years, according to owner Irish Distillers Pernod Ricard.

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.

Champagne sales are set for a record year, driven by solid demand from export markets, favourable currencies and stabilising sales in France, the fizzy drink’s home market.

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. 

Diageo, the world’s largest spirits maker, has reported a drop in quarterly sales, despite an improvement in north America, after being hurt by challenges in several emerging markets.

Net global sales of Jameson Irish whiskey grew by 9% on an annualised basis in the three months to the end of September; the first quarter of parent group, Pernod Ricard’s financial year.

The drinks industry has urged the Government not to increase excise on alcohol in the next budget as it could threaten a sector that has huge growth potential in the future.

The founders of a family-run whiskey distilling company, based in Co Carlow, yesterday turned the sod on what will be the country’s largest independent whiskey distillery, once completed.

The world’s second-largest distiller, Pernod Ricard yesterday announced plans to cut 900 jobs with approximately 35 Irish employees having left its Irish business, Irish Distillers, already this year.

Australia’s Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts after the private equity giant hiked its takeover offer to $3.15bn (€2.35bn), raising the prospect of a bidding war for the world’s second biggest winemaker.

Jameson Irish Whiskey has led the way for international drinks giant, Pernod Ricard in its financial year to date; with global sales of the brand up 13% year-on-year during the nine months to the end of March.