Soaring French spirits taxes rock Pernod Ricard
date:Aug 31, 2012
w 5% driven by Jameson, which CEO Pierre Pringuet told journalists had developed there inspectacular fashion,while Europe (excluding France) grew 2%; albeit with apronounced bipolarisation sales up 16% in Eastern Europe, down 1% in the West.

The wine and spirits giant also cut its net debt which has been a concern for some analysts by 385m to 9.363bn.

Star spirits brands

The firm said premium brands now accounted for 73% of group sales, up 2% on last year, which boosted gross margin, while
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