PERNOD-RICARD - URD 2021-22 EN

Management report Analysis of business activity and results

Americas € million

Organic growth (1)

30.06.2022

30.06.2021

Reported growth

Net sales

2,627 1,699 (470) 1,229

3,133 2,059 (568) 1,491

506 360 (98)

19% 21% 21% 21%

319 179 (65)

12% 11% 14%

Gross margin after logistics expenses Advertising and promotion expenses

Contribution after advertising and promotion

262

114

9%

Profit from recurring operations

803

1,014

211

26% 95

12%

Organic growth, defined in Note 5.5.1 – Organic growth. (1)

Asia/Rest of World € million

Organic growth (1)

30.06.2022

30.06.2021

Reported growth

Net sales

3,640 2,060 (542) 1,518

4,438 2,496 (633) 1,862

799 436

22% 21%

674 383 (67)

19% 19% 12% 21%

Gross margin after logistics expenses Advertising and promotion expenses

(91)

17%

Contribution after advertising and promotion

344

23%

316

Profit from recurring operations

996

1,220 225

23% 213

21%

Organic growth, defined in Note 5.5.1 – Organic growth. (1)

Europe € million

Organic growth (1)

30.06.2022

30.06.2021

Reported growth

Net sales

2,557 1,534 (381) 1,153

3,130 573

22% 25% 30% 23%

483 342

19% 22% 28% 20%

Gross margin after logistics expenses Advertising and promotion expenses

1,918 (496) 1,422

384

5.

(115)

(107)

Contribution after advertising and promotion

269

235

Profit from recurring operations

624

790 166

27% 156

25%

Organic growth, defined in Note 5.5.1 – Organic growth. (1)

5.2.2

Organic net sales growth of Strategic International Brands

Organic growth (1) in net sales

Volumes 30.06.2022

Volume growth

Volumes 30.06.2021

In millions of 9-litre cases

Price/mix

Absolut

10.5

12.4

+19% +29% +27%

+18% +27% +20%

+1% +1% +7%

Chivas Regal

3.6 7.6 4.2 8.6 4.3 4.8 2.9 2.4 0.2 0.7 0.3 1.4

4.6

Ballantine’s

9.1

Ricard

4.5

+4%

+5%

-1%

Jameson

10.4

+24% +20%

+22%

+2%

Havana Club

4.6 4.9 3.7 2.5 0.2 0.7 0.3 1.6

+5% +3%

+15% +4% +8% +3% +2% +6% +6% +16%

Malibu

+7%

Beefeater

+35%

+27%

Martell

+7%

+4%

The Glenlivet Royal Salute

+21%

+19% +32%

+38%

Mumm

+9%

+3%

Perrier-Jouët

+32%

+16%

Strategic International Brands

51.5

59.6

+18% +16% +3%

Organic growth, defined on page 194. (1)

191

Pernod Ricard Universal Registration Document 2021-2022