Strong Market Performance
Despite overall challenges, the company achieved market share gains in over 70% of its main markets, including Japan, Canada, Poland, Brazil, Turkey, Nigeria, and strong travel retail performances in the Americas and Europe.
Solid Growth in India
India reported a solid sales growth of 2%, with expectations for strong growth in the full year, driven by double-digit growth on Jameson and Seagram whiskeys, Royal Stag, and Blenders Pride.
Global Travel Retail Growth
Global travel retail saw strong growth of 3% in all regions except Asia, with good performance for Absolut, Jameson, and Ballantine’s.
Operational Efficiencies
Emphasis on operational efficiencies, including production efficiency initiatives and marketing improvements, to sustain operating margin and adapt to challenging environments.