Pernod Ricard Drinks Group Raises 2021 Profit Forecasts

23 June 2021

    The French drinks group - Pernod Ricard, of Mumm champagne, Absolut vodka and Martell cognac, said it now expects an organic profit growth of around 16% for its 2020/2021 fiscal year, up from a previous April forecast of 10%, as the company is seeing a much stronger-than-expected recovery.


    "Demand is accelerating as restrictions are progressively lifted”, the group commented. The company further added that it was confident about its prospects in Asia, helped by cognac and Scotch whisky demand in China.

    *The products advertised are only available to clients under Fondex Limited (SDL No: SD037). Trading CFDs involves significant risk of loss.


Cookies on Fondex

The Fondex website uses cookies to optimise user experience.

These cookies fall under the following categories: essential, functional and marketing cookies. Marketing cookies may also include third-party cookies.

Manage Preferences

You can customize your selection of which cookies you want to accept.

  • Essential

    These cookies are necessary for the website to function correctly and cannot be switched off.

  • Functional

    Functional cookies allow the website to remember users' preferences and the choices you make on the website such as username, region, and language.

  • Marketing

    These cookies are used to track visitors across our websites and show you more relevant ads. Marketing cookies also include third-party cookies from partners. For more information relating to data protection & collection please view our Privacy Policy and Cookie Disclosure.


The Company would like to inform you that it will terminate its operations under the "Fondex" brand by 30th of December 2022. If you wish to open a trading account, kindly visit