Irish Distillers, which makes Jameson Irish whiskey, has reported a 2% increase in global net sales for its full financial year, which ended on June 30.
The company, which is owned by Pernod Ricard, said the results demonstrated a resilient performance in a challenging global macroeconomic environment.
Jameson, the world's best-selling Irish whiskey, saw its net sales globally rise by 3% in the financial year with double-digit net sales growth in multiple markets across Asia (India, Japan and South-East Asia), Africa (Nigeria) and Latin America (Brazil, Mexico) as well as in Turkey.
Irish Distillers said the continued globalisation of Jameson is the result of over 30 years of "consistent, strategic brand building in both mature and emerging markets".
"Today we published our full year results for the 2025 financial year with global net sales of +2% across our portfolio in the financial year," Nodjame Fouad, CEO of Irish Distillers, said.
"Jameson achieved global net sales growth of 3% in the financial year with double digit net sales growth in select markets across Asia, Africa and Latin America. This is a testament to Jameson's global appeal and its smooth taste," she said.
"Our full-year results for FY25 demonstrate resilience amid a challenging global macroeconomic backdrop. Irish whiskey has long stood the test of time, and we remain confident in the future of the Irish whiskey industry and are committed to the continued sustainable growth of our portfolio," the CEO added.
Pernod Ricard predicts Q1 sales fall as Chinese and US woes continue
Meanwhile, Pernod Ricard today reported a 3% fall in full-year 2025 organic sales which met forecasts, but warned of lower first quarter revenues amid tariff uncertainty and sliding sales in the US and China.
The French company, which is the world's second-biggest Western spirits maker by revenue after Diageo and owns Irish Distillers, said that for its 2026 fiscal year, it expected improving sales trends skewed towards the second half and lower first quarter sales.
Pernod said distributor inventory adjustments would continue in the US, while consumer demand would stay soft in China.
Pernod - which has launched a restructuring plan to cut costs - reiterated its guidance for between 3% and 6% annual organic sales growth for 2027-2029, along with annual organic margin expansion.
Sales reached €10.959 billion in the 12 months to June 30, representing an organic decline of 3% which met analysts' expectations for a 3% fall.
Profit from recurring operations stood at €2.951 billion, marking an organic decline of 0.8%.
The maker of Absolut vodka and Jameson whiskey said sales declined by 6% in the US. Prolonged tariff uncertainty impacted distributor inventory levels at the year-end, with adjustments expected for its 2026 fiscal year, it added.
In China, Pernod's annual 2025 sales fell 21% as weak consumer demand and the looming conclusion of an anti-dumping investigation led to an overhang in distributor inventories.
Pernod added this meant it was forecasting a sharp decline in sales in China in the first quarter of 2026.
Reporting by Reuters
