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Pernod Ricard (RI)

Index:

CAC 40

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86.84

Change Today:

3.46
52 Week High: 127.65
52 Week Low: 82.10

Currency: Euro
Shares Issued: 256.05m
Volume: 1,129,820

Market Cap: 22,235m
Beta: 0.76

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News Channel

Remy Cointreau, Pernod Ricard shares hit by China anti-dumping probe

By Frank Prenesti

Date: Friday 05 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Shares in famous French spirits companies Remy Cointreau and Pernod Ricard slumped on Friday after China started an anti-dumping investigation on brandy imported from the European Union.

The probe follows a complaint submitted by the China Alcoholic Beverages Association on behalf of China's brandy industry, the country's commerce ministry said. It will focus on brandy in containers of less than 200 litres from the European Union.

Pernod Ricard and Remy Cointreau sell cognac, brandy under brands including Hennessy, Remy Martin and Martell.

Reporting by Frank Prenesti for Sharecast.com

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Pernod Ricard Market Data

Currency	Euro
Share Price	86.84
Change Today	3.46
% Change	4.15 %
52 Week High	127.65
52 Week Low	82.10
Volume	1,129,820
Shares Issued	256.05m
Market Cap	22,235m
Beta	0.76