Pernod Ricard: FY20 guidance¹ reflecting updated COVID-19 assumptions: Profit from Recurring Operations organic decline of c. -20%
PERNOD RICARD UNSP/ADR (PDRDY)
NASDAQ:AMEX Investor Relations:
pernod-ricard.com/en/investors
Company Research
Source: Business Wire
Strong liquidity position PARIS--(BUSINESS WIRE)--Regulatory News:Trading Statement - Paris, 24 March 2020On 13 February 2020, Pernod Ricard (Paris:RI) shared its early assumptions regarding the COVID-19 epidemic. There has been significant evolution since, with a pandemic now affecting Asia Pacific, Europe and more recently the Americas.Our priority remains the health and safety of our employees and business partners. Ways of working have adapted to containment measures, so that supply chains are still operational.True to its sense of community, the Group has contributed to efforts to fight the pandemic in a number of markets, by either donating pure alcohol or directly producing hand sanitiser, to help ease current shortages.The COVID-19 pandemic is having widespread repercussions on the business. While the extent and duration are still uncertain, the Group has updated and is today sharing its current assumptions and resulting financial impacts.Revised COVID-19 assumptions, with
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