date:Aug 29, 2014
rating profit rose 2 per cent, excluding the effects of acquisitions, disposals and currency fluctuations, within the distillers 1 per cent to 3 per cent growth forecast.
Pernod is cutting jobs and pushing less expensive liquors such as Ballantines whisky in response to plunging demand for premium cognac in China amid a crackdown on lavish spending by government officials. The company, which gets more than a third of its revenue from Asia, in June predicted an improvement in China next year as