Sales were driven by a 24% jump in strategic international brands, including Martell, Jameson, Ballantine’s, Chivas Regal and Absolut; 15% increase in strategic local brands, thanks to Seagram’s Indian whiskies; a 21% growth in specialty brands, including Malfy, Avion, Del Maguey, Aberlour, Monkey 47, US whiskeys and Lillet. Wine sales were down 7%, largely because of New Zealand supply constraints.
Reported sales growth was up 22%.
Reported sales in the Americas, including the U.S. were up 15%. Organic sales advanced 13%.
Alexandre Ricard, chairman/CEO, said:
“We have had a very dynamic start to the year, as expected, with strong demand in most markets. The Off-trade remains resilient and I am particularly pleased to note the continued recovery of the On-trade.
We expect good sales growth to continue through FY22, albeit moderating vs. Q1. We will continue to implement our strategy, notably accelerating our digital transformation and reinvesting to seize present and future growth opportunities”