Pernod Ricard’s Millstream records loss

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Auckland Pernod Ricard’s New Zealand arm recorded a loss in 2017 after it booked a $150 million goodwill impairment. The liquor group’s Millstream Equities posted a $136.2m loss in the year to June 30, from a $7.4m profit a year earlier. Revenue rose to $248m from $241m a year earlier, while cost of sales increased […]