World, As Seen from the most beautiful islands: Ireland and Cyprus

Pernod Ricard boosted home sales


The French producer Pernod Ricard saw a sharp fall in turnover in his broken business year as a result of the coronacrisis. There were fewer sales worldwide to bars and restaurants, which temporarily closed the doors to prevent the spread of the virus. And because of the malaise in aviation, sales to travellers also fell. But the sales to people at home provided support for the performance somewhat.

Home sales were particularly good in Europe and the United States. The company also experienced a strong first half of the year when the coronavirus was not yet in place, which, according to experts, kept the turnover crimp somewhat contained. Pernod Ricard finally saw his annual turnover of almost 8.5 billion euros, on an autonomous basis 9.5% less than a year earlier. In the last fourth quarter there was a turnover reduction of over 36%.

The second largest strong drink manufacturer in the world, after Diageo, is cautiously voted for the coming time. The company foresees for a long time difficult conditions for sales to travellers due to global Coronas restrictions. But this is offset by the increase in sales to home drinkers and better conditions in China and India. There are also bars and restaurants in the lift.

Written by: Liam O'Reilly

Liam O'Reilly is the founder of the publication, a former analyst at a major reputation agency in the UK, who chose Cyprus as his home.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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