ubs rates pernod ricard neutral with target price of 138 euros

Pernod Ricard, a global leader in premium and prestige spirits and wines, has been given a 'Neutral' rating by UBS.

The company's net sales are mainly driven by its international brands, which make up 61.8% of total sales. Notable products include Absolut, Jameson, and Ballantine's, with sales figures of 12 million, 10.7 million, and 8.8 million cases respectively for the 2023/24 period.

Pernod Ricard also has local strategic brands (18.2%), craft spirits from specialty brands (7.3%), and strategic wines (3.6%) in its portfolio. The company operates 94 production sites globally, with net sales distributed across Europe (28.3%), America (28.8%), and other regions (42.9%). This diverse product and geographic distribution highlights Pernod Ricard's strong presence in the global beverage industry.

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