BRIEF-Pernod Ricard FY Profit From Recurring Operations Down At EUR 2.26 Bln

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BRIEF-Pernod Ricard FY Profit From Recurring Operations Down At EUR 2.26 Bln
Credit: © Reuters.

Sept 2 (Reuters) - PERNOD RICARD SA PERP.PA :

* FY CONSOLIDATED NET SALES EUR 8.45 BILLION VERSUS EUR 9.18 BILLION YEAR AGO

* FY CONSOLIDATED PROFIT FROM RECURRING OPERATIONS EUR 2.26 BILLION VERSUS EUR 2.58 BILLION YEAR AGO

* FY CONSOLIDATED NET PROFIT GROUP SHARE EUR 329 MILLION VERSUS EUR 1.46 BILLION YEAR AGO

* END-JUNE RECURRING FREE CASH FLOW EUR 1.00 BILLION VERSUS EUR 1.48 BILLION YEAR AGO

* END-JUNE NET DEBT EUR 8.42 BILLION VERSUS EUR 6.62 BILLION YEAR AGO

* FOR FY 2021, PERNOD RICARD EXPECTS CONTINUED UNCERTAINTY AND VOLATILITY - CEO

* FOR FY 2021, WE ANTICIPATE PROLONGED DOWNTURN IN TRAVEL RETAIL BUT RESILIENCE OF OFF-TRADE IN USA AND EUROPE AND SEQUENTIAL IMPROVEMENT IN CHINA, INDIA AND ON-TRADE GLOBALLY - CEO

* DIVIDEND OF EUR 2.66 PROPOSED FOR ANNUAL GENERAL MEETING OF 27 NOVEMBER 2020

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