Monday 23 April 2018

Jameson global sales jump 27pc

Peter Flanagan

Peter Flanagan

GLOBAL sales of Jameson whiskey jumped by more than a quarter over the last three months, according to its parent company Pernod Ricard.

Jameson's 27pc growth between July and September -- the first three months of Pernod Ricard's fiscal year -- follows on from a 12pc rise in Jameson sales worldwide last year.

The Paris-based company said the rate of decline in Ireland, the UK and Spain slowed to 3pc. That compared favourably with the previous 12 months when the spirits market here slumped by 7pc.

Overall, the company reported a 14pc increase in sales to €1.88m on the back of organic growth of 10pc and favourable foreign exchange rates.

The results were driven largely by Asian markets, with sales increasing by 25pc on that continent while a 2pc improvement in company performance in the critical US market was described by the company as "encouraging".

In Europe, performance varied from country to country, with strong double-digit growth in Ukraine and Germany contrasting sharply with the likes of Greece, which declined by 39pc.

Irish Independent

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