Agence France-Presse

Recent Events

News & Analysis

agence france-presse and allied domecq plc. - All News and Analysis

• Pernod profit boost falls flat with investors

  - 2007-03-08

  PARIS AFP — French drink empire Pernod Ricard announced on Thursday that its net profits rose by 18.0 percent over the past six months, thanks to a boost from its top global brands. But the results were seen as disappointing and Pernod shares fell by 4.36 percent to 149.79...

  Tags: Agence France-Presse, Allied Domecq Plc., beverage, brand, Branding, FINANCE, investor, Manufacturing, MARKETING, performance

• French drinks group Pernod Ricard thirsty for more acquisitions

  - 2006-09-21

  PARIS AFP — French drinks group Pernod Ricard has signalled it is ready for more acquisitions after successfully absorbing British group Allied Domecq, which it acquired for 10.7 billion euros (13.6 billion dollars) last year. "Pernod Ricard has regained its margin for manoeuvre -- owing to quick debt reduction --...

  Tags: acquisition, Agence France-Presse, Allied Domecq Plc., beverage, brand, Branding, FINANCE, Investment, Manufacturing, MARKETING

• Pernod gulps down Allied, salutes Stolichnaya vodka

  - 2006-07-27

  PARIS AFP — French drinks giant Pernod Ricard has said that it had successfully integrated British beverage group Allied Domecq and reported a surge in sales of Stolichnaya vodka. Pernod bought Allied Domecq, and with it the Stolichnaya brand, in July 2005 in a 10.7-billion-euro (13.6-billion-dollar) deal that turned...

  Tags: Agence France-Presse, Allied Domecq Plc., Branding, Manufacturing, MARKETING, SALES, vodka

• Scottish Power appoints former Allied Domecq chief

  - 2006-01-12

  LONDON AFP — British utility Scottish Power announced the appointment of Philip Bowman, former head of drinks group Allied Domecq, as its new chief executive. Bowman would succeed Ian Russell, who has worked at the energy group for 11 years as financial director and then chief executive. The new...

  Tags: Agence France-Presse, Allied Domecq Plc., beverage, CEO, Manufacturing

• European stocks gain amid hopes of German elections

  - 2005-07-01

  LONDON AFP — European stock markets rose in early afternoon dealing, with Frankfurt shares lifted by hopes of a change of government in Germany after Chancellor Gerhard Schroeder lost his vote of confidence. Takeover news in the European drinks sector helped offset news that the US Federal Reserve was...

  Tags: Agence France-Presse, Allied Domecq Plc., FINANCE, Frankfurt, Government, Investment, Manufacturing, stock

• Allied Domecq approached by consortium including Constellation Brands

  - 2005-04-27

  LONDON AFP — British drinks giant Allied Domecq confirmed it received a "preliminary approach" concerning a potential takeover offer from a consortium including US groups Constellation Brands and Brown Forman. "Allied Domecq announces that it has today received a preliminary approach from a consortium led by Constellation Brands about...

  Tags: Agence France-Presse, Allied Domecq Plc., brand, Branding, consortium, Manufacturing, MARKETING

• Constellation Brands sounds out partners on possible Allied Domecq bid

  - 2005-04-25

  LONDON AFP — Constellation Brands, the world's top wine seller, confirmed that it was in talks with "potential partners" over a possible counter-bid for British drinks giant Allied Domecq. That followed French peer Pernod Ricard's 7.4-billion-pound (10.7-billion-euro, 13.9-billion-dollar) agreed takeover offer for Allied last week. "Constellation is at...

  Tags: Agence France-Presse, Allied Domecq Plc., brand, Branding, Manufacturing, MARKETING

• European stocks rise after overnight snapback on Wall Street

  - 2005-04-06

  LONDON AFP — European stock markets rose in early trading after a dip in soaring oil prices sparked an overnight snapback on Wall Street, but London's FTSE 100 index was held back by a flurry of blue chip companies trading ex-dividend. The FTSE 100 index nudged up 0.07 percent...

  Tags: Agence France-Presse, Allied Domecq Plc., FINANCE, Investment, London, stock

• Allied Domecq profits edge up as sales lose fizz

  - 2004-10-21

  LONDON AFP — British drinks giant Allied Domecq, maker of Beefeater gin, Courvoiser cognac and Malibu rum, posted a six-percent rise in annual pretax profits as sales of spirits and wines stagnated. Profits before tax increased to 521 million pounds (752 million euros, 951 million dollars) in the 12...

  Tags: Agence France-Presse, Allied Domecq Plc., financial, SALES, wine

• London shares close firmer, off peak; BA up on traffic news

  - 2004-09-03

  LONDON AFP ? British blue chips closed firmer, but eased off their midafternoon peak as the Dow Jones Industrial Average reversed opening gains made in response to an in-line US jobs report, with BA shares standing out after well-received August traffic news, dealers said. At the close, the FTSE...

  Tags: Agence France-Presse, Allied Domecq Plc., chip, DJIA, HARDWARE, London, Semiconductors