Pernod Ricard Full Year 2024 Earnings: EPS Misses Expectations
Pernod Ricard (EPA:RI) Full Year 2024 Results
Key Financial Results
- Revenue: €11.6b (down 4.4% from FY 2023).
- Net income: €1.48b (down 35% from FY 2023).
- Profit margin: 13% (down from 19% in FY 2023). The decrease in margin was primarily driven by lower revenue.
- EPS: €5.84 (down from €8.83 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Pernod Ricard EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%.
The primary driver behind last 12 months revenue was the Asia / Rest of World segment contributing a total revenue of €4.97b (43% of total revenue). The largest operating expense was General & Administrative costs, amounting to €1.99b (36% of total expenses). Explore how RI's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Beverage industry in France.
Performance of the French Beverage industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Pernod Ricard (of which 1 makes us a bit uncomfortable!) you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ENXTPA:RI
Fair value second-rate dividend payer.