Pernod Ricard (PDRDF.PK,PDRDY.PK,PRN.L) reported that its fiscal 2020 Group share of net profit from recurring operations declined 13% to 1.4 billion euros. Net earnings per share from recurring operations was 5.45 euros compared to 6.23 euros. Group share of net profit was 329 million euros, down 77% reported, impacted by 1 billion euros asset impairment triggered by Covid-19.
Fiscal 2020 net sales declined 8% to 8.45 billion euros, with an organic decline of 9.5%. Sales growth in first half was robust but second half was impacted by Covid.
Recurring free cash flow was 1.00 billion euros, reflecting the impact of Covid-19 on the business. A dividend of 2.66 euros is proposed for the AGM of 27 November 2020.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.