Pernod Ricard sales drop by 15%

INTERNATIONAL spirits group Pernod Ricard suffered a sales and profits slump in Ireland last year.

Pernod Ricard sales drop by 15%

Its Irish subsidiary saw spirit sales dip 15% following a 45% tax increase in the 2002 Budget.

That excise hike added 5 to the price of a standard bottle of whiskey in the Irish market.

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