Dow Jones Newswires: Pernod Ricard says sales growth was ‘moderate’

Pernod Ricard SA on Thursday slashed its full-year guidance, saying that it expects the coronavirus outbreak to have a severe impact on its third fiscal quarter, even as it reported higher net profit and sales for the first half of its fiscal year......»»

Diageo PLC on Thursday reported a 5.6% fall in net profit for the first half of fiscal 2020, and said it expects full-year organic net sales growth to be at the lower end of its mid-term guidance......»»

Roche Holding AG said Thursday that sales and profit increased in 2019, and it guided for further growth in the year ahead despite biosimilar competition......»»

Unilever PLC reported Thursday a fall in net profit for 2019 as sales missed its growth target, and said it would consider options for the future of its global tea business.....»»

Novartis AG said Wednesday that net income fell 5.9% in the final quarter of the year, hit by tax charges, but guided for growth in both sales and profit in 2020......»»

The fashion retailer posted quarterly sales of 825 million euros ($915 million) in its preliminary results, a 4% increase when adjusted for currency effects......»»

Whitbread said that weak business and leisure confidence continued in the U.K., but added that it was partially offset by the strength of the central London market, where it said it outperformed......»»

The Anglo-Dutch maker of Hellmann’s mayonnaise and Dove soap said 2019 underlying sales growth, a metric which excludes exceptional costs, would be below its guidance of the lower half of its 3% to 5% multi-year range......»»

The French drink maker made a profit of 90.5 million euros ($99.4 million) for the six months ended Sept. 30, up from EUR87.5 million the year before, on sales that fell 0.6% to EUR523.9 million......»»

Sales growth was powered by the company’s online distributors, which grew 32%, and jewelry division, where sales rose 8%, Richemont said......»»

The company said it achieved its full-year targets for fiscal 2019. As for the next fiscal year, it expects moderate growth in comparable revenue and a moderate decline in market volume for its short-cycle businesses......»»

The German company confirmed its outlook for the year. It targets organic sales growth of between 3% and 5%, while its Ebit margin from ongoing operations is seen at around 14.5%......»»

For 2019, Philips said it continues to expect comparable sales growth of 4% to 6% and an adjusted Ebita improvement of 10 to 20 basis points......»»

The Swiss drug giant singled out cardiovascular drug Entresto as well as psoriasis treatment Cosentyx as helping drive topline growth......»»

Despite its sales growth accelerating compared with the previous quarter, some of the headwinds Danone had flagged during second-quarter reporting didn’t ease in the third quarter, management said......»»

Unilever PLC (ULVR.LN) said Thursday that in the third quarter underlying sales growth grew 2.9%, benefiting from higher volume and price......»»

The Swiss drugmaker said it now expects high-single-digit sales growth at constant exchange rates in 2019, with core earnings per share increasing in line with sales......»»

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Nestle SA said Friday that sales fell in the first quarter and backed its full-year guidance as it is still early to assess the full impact of Covid-19......»»

French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight grip on costs in response to the coronavirus epidemic that cut third-quarter sales by 14.5%......»»