Pernod Ricard Eyes Cost Savings as Sales, Profit Drop
Core Viewpoint - Pernod Ricard is focusing on cost-control measures due to weakening sales and rising costs impacting the distiller's earnings [1] Group 1: Company Performance - The company has reported a decline in sales, which has affected its overall earnings [1] - Rising costs are contributing to the pressure on the company's profitability [1] Group 2: Strategic Focus - The company is prioritizing cost-control strategies to mitigate the impact of declining sales and increasing expenses [1]