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Tuesday, 23.04.2024, 22:16
Revenue of Pernod Ricard Lithuania grows by 11.8% in FY 2014/2015
BC, Vilnius, 01.12.2015.
Print version
Print versionPernod Ricard Lietuva, the Lithuanian subsidiary of French-owned alcohol production and distribution giant Pernod Ricard, posted 16.283 million euros in audited revenue for its 2014-2015 financial year, a rise of 11.8% from the year-earlier figure of 14.569 million euros, reports LETA/BNS.
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The audited net profit in the year to June 2015 rose by an annual 17.6% to 219,800 euros, the company said in its annual report submitted to the Center of Registers.
“The growth of sales was driven by the economic recovery in the country as the decline in the unemployment rate and the growth of wages led to an increase in the consumers’ purchasing power,” the report said.
Pernod Ricard Lietuva is fully-owned by France’s Pernod Ricard Europe, Middle East and Africa.
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