French spirits makers fall as peer Diageo forecasts weak 2025 demand
** Shares of French spirits makers Rémy Cointreau RCOP.PA and Pernod Ricard PERP.PA slip after London-listed peer Diageo DGE.L said the alcohol market would remain challenging in 2025
** "The consumer environment continues to be challenging with conditions we saw towards the end of fiscal 24 persisting into fiscal 25," Diageo says
** J.P.Morgan says this implies flat organic sales in 2025
** "Softer than expected outlook on top-line and margins is unhelpful for spirits peers," - JPM
** Pernod is down 2.2%,Remy falls 1.7%, both at their lowest in more than four years andtrading near the bottom of France's SBF120 index .SBF120, which rises 0.3%
** Diageo drops around 8%
Reporting by Olivier Sorgho
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