Pernod Ricard, the world's second largest alcoholic drinks group,
said it expected net profits to grow by a fifth for its full year
following more strong performances from spirit brands.
Constellation Brands has announced it intends to buy the
fast-growing Svedka vodka brand for $384m, as the group looks to
improve earnings by delving further into the US spirits market.
Drinks giant Pernod Ricard lifted its full year sales forecast
Thursday thanks better-than-expected performances from its spirits
brands and a resurgent market in France.
All alcoholic drinks sold by Pernod Ricard in the European Union
are to carry warnings for pregnant women, raising the bar for
competitors on responsible drinking promotion.