Pernod Ricard could be interested in acquiring the vodka brand Absolut Vodka if it came up for sale.

Releasing its full-year results to 30 June yesterday, the drinks group said that it would “have a very close look” if the brand was put up for sale by its owners, the new Swedish government.

Pierre Pringuet, managing director of Pernod Ricard, said: “We are absolutely convinced that the consolidation in the spirits and wine industry will continue. And whatever happens, we want to be part of that consolidation.”