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International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 23:07

Sales of Pernod Ricard Latvia alcohol wholesaler rose 16.5% in FY

BC, Riga, 11.11.2016.Print version
Pernod Ricard Latvia alcoholic beverages wholesaler in the past financial year that lasted from July 1, 2015, until June 30, 2016, posted EUR 15.873 mln in sales, which is by 16.5% more than a year ago, while the company’s profit rose several times to EUR 128,805, according to Firmas.lv business database.

The company’s management said in the report that last year the company actively worked on analyzing debtors and followed a strict credit policy that will also be one of the areas of focus this year.


The company’s profitability in the past financial year improved.


Pernod Ricard Latvija this year will continue active work in the most profitable market segment – whiskey, vodka, rum and Australian wine, and will resume investments in the Super Premium segment, developing the categories of Premium whiskey, cognac and champagne.


In the previous financial year from July n1, 2014, until June 30, 2015, Pernod Ricard Latvija posted EUR 13.621 mln in sales and earned EUR 8,737 in profit.


Pernod Ricard Latvia is a representation of international Pernod Ricard holding in Latvia. Pernod Ricard distributes such alcoholic beverages as Jameson Irish whiskey, Havana Club rum, Beefeater gin, Jacob’s Creek wine and others.






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