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Pernod Ricard sales fell in first half of fiscal year

Summary by RTÉ
French spirits maker Pernod Ricard has reported a 5% decline in second-quarter like-for-like sales, as weak consumer demand and destocking in the US and China continued to weigh.
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The spirits giant maintains the hope of a rebound in the second half of the year after a decline in sales, marked by US tariffs and a decline in Chinese consumption.

Wine and spirits giant Pernod Ricard announced on Thursday a net profit down 18% in the first half of its fiscal year 2025-2026, still weighed down by sales in the United States and China.

The French distillery Pernod Ricard recorded a net profit of 975 million euros at the end of its first fiscal semester, 18.1% less than the result counted twelve months earlier.

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Business Times broke the news in on Wednesday, February 18, 2026.
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