Pernod Ricard calls Japan its bright spot as profit falls 26% and China slumps 19%
Pernod Ricard's global year was rough — profit down 26%, China off 19% — but the French drinks group singled out Japan as 'in strong growth, gaining share,' crediting its Perrier-Jouët champagne label with the year's rare bright spot.
Pernod Ricard's year to June 2026 was rough almost everywhere the French drinks group operates — organic sales down 3.9%, net profit down 26% to €1,203m — except Japan, which the company singled out in its full-year results, released 27 August, as "in strong growth, gaining share."