Pernod Ricard first-quarter sales growth slows as China and India decelerate
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PARIS (Reuters) - French spirits maker Pernod Ricard , which is being targeted by activist investor Elliott, posted a 1.3% rise in first-quarter underlying sales, reflecting slower growth rates in China and India.In August Pernod, the world's second-biggest spirits group behind Diageo , indicated it expected a relatively soft first quarter, citing a very high year-ago comparison basis in Asia. For the first quarter ended Sept. 30, Pernod reported sales of 2.483 billion euros ($2.75 billion),..