| Jameson is Pernod Star |
|
|
| Written by Frank Corr | |||
| Friday, 03 September 2010 06:37 | |||
|
'The (economic) downturn is having a very negative effect on the performance of the drinks industry in general. Despite the challenging environment in Ireland, Jameson has grown share in the overall spirits sector, with a particularly strong performance on retail', said the company. Overall, the Irish spirits market fell by 7pc in the past year. Pernod Ricard did not give specific details on Jameson's performance in Ireland but said it 'outperformed the market'. The news came as the drinks giant reported full-year results which missed expectations. Net profit was up 1pc at €951m on the back of sales that declined 2pc to €7.08bn. Analysts had forecast profit of €987m.
|





