Profile

Since its inception in 1975, Pernod Ricard has built up the most premium portfolio in the industry and has become the world’s number two spirits player through organic growth as well as transformational and tuck-in acquisitions. The portfolio includes strategic international and local brands along with specialty brands that the group produces and distributes through its own worldwide distribution network.

14%
Portfolio value 09/30/2024
Investment case

The spirits market is supported by favorable long-term trends, in particular:

  • An expanding urban population, especially in emerging markets
  • Growing market share at the expense of beer and wine
  • Premiumization by consumers 

Pernod Ricard has a steady and diversified growth and profitability profile:

  • Number two player worldwide with one of the industry’s most complete brand portfolios
  • Leading positions in categories such as cognac, whisky and rum
  • Numerous high-potential brands, including from recent acquisitions
  • Systematic trading up thanks to its superior-quality and innovative products
  • Unique geographical exposure

After several years of focus on deleveraging, Pernod Ricard has enhanced its shareholder returns through an increased payout ratio and a share buyback program.

  • Board of Directors 1/15*
  • Strategic Committee 1/6*
  • Compensation Committee 1/4*
  • Board of Directors Strategic Committee Compensation Committee