Pernod Ricard Capital Markets Day
08 Giugno 2022 - 7:30AM
Business Wire
PERNOD RICARD PRESENTS
ITS CONVIVIALITY PLATFORM
Regulatory News:
Press release - Paris, 8 June 2022
Today, Pernod Ricard is hosting its Capital Markets Day in
Paris. Alexandre Ricard, Chairman and CEO along with members of
both the executive committee and leadership teams in key markets
will demonstrate how Pernod Ricard is implementing its Conviviality
Platform, as the next step in its Transform and Accelerate FY23 to
FY25 strategic plan.
Alexandre Ricard stated:
“In today's world and for many companies, the end goal is to
leverage data. For us, at Pernod Ricard, the end goal is to spread
convivialité… by leveraging data.”
The Conviviality Platform is about leveraging the power of data,
our portfolio of brands and our distribution network to further
stretch Pernod Ricard’s profitable and sustainable growth, with the
following mid-term ambition:
- +4 to +7% annual topline growth framework aiming for the
upper end of the range
- Stretching our topline growth with the Conviviality
Platform
- Building on our key competitive advantages, leveraging
our broad-based portfolio and balanced geographical footprint
- Focus on pricing, further enhanced by our proprietary
predictive digital tools
- Continuous improvement in operational efficiency, building
on our culture of excellence
- Significant A&P investment, maintained at c.16%
of Sales, with higher return on investments leveraging Key
Digital Programs
- Discipline on Structure costs, investing in priorities
while maintaining an agile organisation, aiming at increase below
topline growth
- Operating leverage of c.50-60 bps pa, provided topline
within +4 to +7% range
- Confirmed financial policy priorities
The event will be live-streamed and the webcast will be
accessible here:
https://edge.media-server.com/mmc/p/fchhrvg5
All growth data specified in this press release refers to
organic growth, unless otherwise stated. Data may be subject to
rounding.
Definitions and reconciliation of non-IFRS measures to IFRS
measures
Pernod Ricard’s management process is based on the following
non-IFRS measures which are chosen for planning and reporting. The
Group’s management believes these measures provide valuable
additional information for users of the financial statements in
understanding the Group’s performance. These non-IFRS measures
should be considered as complementary to the comparable IFRS
measures and reported movements therein.
Organic growth
- Organic growth is calculated after
excluding the impacts of exchange rate movements, acquisitions and
disposals and changes in applicable accounting principles. -
Exchange rates impact is calculated by translating the current year
results at the prior year’s exchange rates. - For acquisitions in
the current year, the post-acquisition results are excluded from
the organic movement calculations. For acquisitions in the prior
year, post-acquisition results are included in the prior year but
are included in the organic movement calculation from the
anniversary of the acquisition date in the current year. - Where a
business, brand, brand distribution right or agency agreement was
disposed of, or terminated, in the prior year, the Group, in the
organic movement calculations, excludes the results for that
business from the prior year. For disposals or terminations in the
current year, the Group excludes the results for that business from
the prior year from the date of the disposal or termination. - This
measure enables to focus on the performance of the business which
is common to both years and which represents those measures that
local managers are most directly able to influence.
Profit from recurring
operations
Profit from recurring operations corresponds to the operating
profit excluding other non-current operating income and
expenses.
About Pernod Ricard
Pernod Ricard is the No.2 worldwide producer of wines and
spirits with consolidated sales amounting to €8,824 million in
fiscal year FY21. The Group, which owns 16 of the Top 100 Spirits
Brands, holds one of the most prestigious and comprehensive
portfolios in the industry with over 240 premium brands distributed
across more than 160 markets. Pernod Ricard’s portfolio includes
Absolut vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal
Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey,
Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur,
Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, New
Zealand wines, Campo Viejo, Mumm sparkling and Kenwood wines.
Pernod Ricard’s strategy focuses on investing in long-term and
sustainable growth for all its stakeholders, remaining true to its
founding values: entrepreneurial spirit, mutual trust, and strong
sense of ethics. The Group’s decentralised organisation empowers
its 18,500 employees to be on-the-ground ambassadors of its vision
of “Créateurs de Convivialité”. Pernod Ricard 2030 Sustainability
and Responsibility roadmap “Good Times from a Good Place” is
integrated into all its activities from grain to glass, and Pernod
Ricard is recognised as a UN Global Compact LEAD participant for
its contribution to the United Nations Sustainable Development
Goals (SDGs). Pernod Ricard is listed on Euronext (Ticker: RI; ISIN
Code: FR0000120693) and is part of the CAC 40 and Eurostoxx 50
indices.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220607006419/en/
Florence Tresarrieu / Global SVP Investors Relations and
Treasury +33 (0) 1 70 93 17 03 Edward Mayle / Investor Relations
Director +33 (0) 1 70 93 17 13 Charly Montet / Investor Relations
Manager +33 (0) 1 70 93 17 13 Emmanuel Vouin / Head of External
Engagement +33 (0) 1 70 93 16 34
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