News › Markets  ·  27 Aug 2026, 12:57 PM IST  ·  5 days ago

Pernod Ricard blames weak US, Chinese markets for 26% profit fall

Bias: Neutral 0

In one line — Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover lin

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Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 1:00 PM IST

What Happened

Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover linked to currency fluctuations.