<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>y30068sc13g.txt
<DESCRIPTION>SC 13G
<TEXT>
<PAGE>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               Pernod Ricard S.A.
                                (Name of Issuer)

                                 Ordinary Shares
                           (Title Class of Securities)

                                    F72027109
                                 (CUSIP Number)

                                January 26, 2007
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ]  Rule 13d-1(b)

[X]  Rule 13d-1(c)

[ ]  Rule 13d-1(d)

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.

                         (Continued on following pages.)


                                   Page 1 of 9

<PAGE>

CUSIP NO. F72027109                    13G

--------------------------------------------------------------------------------
1    Name of Reporting Person:
     I.R.S. Identification No. of Above Person (Entities Only):

     GROUPE BRUXELLES LAMBERT           00-0000000
--------------------------------------------------------------------------------
2    Check the Appropriate Box if a Member of a Group

     (a)  [ ]

     (b)  [ ]
--------------------------------------------------------------------------------
3    SEC Use Only

--------------------------------------------------------------------------------
4    Citizenship or Place of Organization

     BELGIUM
--------------------------------------------------------------------------------
               5    Sole Voting Power:

                    5,525,547 (1)
               -----------------------------------------------------------------
  Number of    6    Shared Voting Power:
   Shares
Beneficially        -0-
  Owned By     -----------------------------------------------------------------
    Each       7    Sole Dispositive Power:
  Reporting
 Person With        5,525,547 (1)
               -----------------------------------------------------------------
               8    Shared Dispositive Power:

                    -0-
--------------------------------------------------------------------------------
9    Aggregate Amount Beneficially Owned by Each Reporting Person:

     5,525,547 (1)
--------------------------------------------------------------------------------
10   Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares

     [ ]
--------------------------------------------------------------------------------
11   Percent of Class Represented by Amount in Row (9):

     5.06%;

     PERCENT OF VOTING RIGHTS:

     4.59% (2) (3)
--------------------------------------------------------------------------------
12   Type of Reporting Person:

     CO
--------------------------------------------------------------------------------


                                   Page 2 of 9
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                                  SCHEDULE 13G

ITEM 1(A). NAME OF ISSUER:

          Pernod Ricard S.A. (the "Issuer")

ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

          12, place des Etats-Unis
          Paris Cedex 16
          France

ITEM 2.

     (A). NAME OF PERSON FILING:

          Groupe Bruxelles Lambert

     (B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

          24 avenue Marnix, 1000 Brussels, Belgium

     (C). CITIZENSHIP: Belgium

     (D). TITLE OF CLASS OF SECURITIES:

          This report relates to the ordinary shares (the "Ordinary Shares") of
          the Issuer.

     (E). CUSIP NUMBER: F72027109

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B) OR
     (C), CHECK WHETHER THE PERSON FILING IS A:

     (a)  [ ]  Broker or dealer registered under Section 15 of the Exchange Act;

     (b)  [ ]  Bank as defined in Section 3(a)(6) of the Exchange Act;

     (c)  [ ]  Insurance Company as defined in Section 3(a)(19) of the Exchange
               Act;

     (d)  [ ]  Investment Company registered under Section 8 of the Investment
               Company Act;

     (e)  [ ]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [ ]  An employee benefit plan or endowment fund in accordance with
               Rule 13d-1(b)(1)(ii)(F),

     (g)  [ ]  A parent holding company or control person, in accordance with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [ ]  A savings association as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [ ]  A church plan that is excluded from the definition of an
               investment company under Section 3(c)(14) of the Investment
               Company Act;


                                   Page 3 of 9

<PAGE>

     (j)  [ ]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

ITEM 4. OWNERSHIP.

     The filing of this statement should not be construed as an admission by any
person that such person is, for purposes of Section 13(d) or 13(g) of the
Exchange Act, the beneficial owner of any securities covered by this statement,
other than the securities set forth opposite such person's name in Items 4 (a)
and (c) below.

     (a)  Amount beneficially owned:

          Groupe Bruxelles Lambert        5,525,547 (1)

     (b)  Percent of class:

          Groupe Bruxelles Lambert        5.06%; percent of voting
                                          rights: 4.59% (2) (3)

     (c)  Number of shares as to which such person has:

          (i)  Sole power to vote or to direct the vote:

               Groupe Bruxelles Lambert   5,525,547 (1)

          (ii) Shared power to vote or to direct the vote:

               Groupe Bruxelles Lambert   -0-

          (iii) Sole power to dispose or to direct the disposition of:

               Groupe Bruxelles Lambert   5,525,547 (1)

          (iv) Shared power to dispose or to direct the disposition of:

               Groupe Bruxelles Lambert   -0-

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

          Not applicable.

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

          Please see Note (1) and attached Exhibit A.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
     SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

          Not applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

          Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

          Not applicable.


                                   Page 4 of 9

<PAGE>

ITEM 10. CERTIFICATION.

          By signing below, I certify that, to the best of my knowledge and
          belief, the securities referred to above were not acquired and are not
          held for the purpose of or with the effect of changing or influencing
          the control of the issuer of the securities and were not acquired and
          are not held in connection with or as a participant in any transaction
          having that purpose or effect.

                     [SIGNATURE APPEARS ON FOLLOWING PAGE.]


                                   Page 5 of 9

<PAGE>

                                    SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date: February 7, 2007

                                        GROUPE BRUXELLES LAMBERT


                                        By: /s/ Ann Opsomer
                                            ------------------------------------
                                        Name: Ann Opsomer
                                        Title: General Secretary


                                   Page 6 of 9

<PAGE>

                                      NOTES

(1) This Statement on Schedule 13G filed by Groupe Bruxelles Lambert ("GBL")
with the U.S. Securities and Exchange Commission (the "SEC") is filed on behalf
of GBL to report the number of ordinary shares (the "Ordinary Shares") of Pernod
Ricard S.A. (the "Issuer") beneficially owned by GBL.

     GBL is a corporation organized under the laws of Belgium, and is a holding
company which holds a limited number of investments in leading companies. The
principal business address of GBL is 24 avenue Marnix, 1000 Brussels, Belgium.

     As a result of direct and indirect securities holdings, Mr. Paul G.
Desmarais and Baron Frere may be deemed to control GBL. Mr. Paul G. Desmarais, a
citizen of Canada, has his principal business address at 751 Square Victoria,
Montreal (Quebec), Canada H2Y 2J3. Baron Frere, a citizen of Belgium, has his
principal business address at 12, rue de la Blanche Borne, 6280 Gerpinnes,
Belgium. Exhibit A attached hereto identifies additional persons through whom
Mr. Paul G. Desmarais and Baron Frere may be deemed to control GBL. The filing
of this Statement, including the exhibits, shall not be construed as an
admission that any of the control relationships enumerated herein actually
exist.

     Mutual funds which are managed or distributed by subsidiaries of IGM
Financial Inc., 55.8% of the common stock of which is owned by Power Financial
Corporation and 3.5% of which is owned by a wholly-owned subsidiary of
Great-West Lifeco Inc., and segregated or other managed funds of insurance
subsidiaries of Great-West Lifeco Inc., 70.6% of the common stock of which is
owned by Power Financial Corporation and 4.2% of which is owned by IGM Financial
Inc., in the ordinary course of their investment management businesses, subject
to applicable law, may hold and trade in shares of the Issuer. Power Corporation
of Canada, a corporation of which Mr. Paul G. Desmarais controls 63.3% of the
voting power, owns 66.4% of the common stock of Power Financial Corporation.
Neither Power Corporation of Canada or Power Financial Corporation, nor any of
their officers, directors or employees, is involved in the exercise of the
voting and investment powers with respect to securities of the Issuer for those
funds, and, accordingly, the securities positions of those funds in the Issuer,
if any, are not reported herein.

(2) GBL beneficially owns 5,525,547 Ordinary Shares of the Issuer. Based on the
number of the Issuer's Ordinary Shares reported as outstanding by the Issuer in
recent public filings, GBL beneficially owns approximately 5.06% of the
Company's shares as calculated pursuant to Rule 13d-3(d)(1)(i). Through the
mechanism of double voting rights attached to certain of the Issuer's shares,
GBL has voting rights equivalent to approximately 4.59% of the Issuer's voting
rights.

(3) Calculated based on the number of outstanding Ordinary Shares of the Issuer
as published in Bulletin No. 5 of the Bulletin des Annonces Legales
Obligatoires, dated January 10, 2007. As of January 10, 2007, there were
109,296,135 issued and outstanding Ordinary Shares of the Issuer, representing
120,311,530 voting rights.


                                   Page 7 of 9
<PAGE>

                                    Exhibit A

                   PERSONS WHO MAY BE DEEMED IN CONTROL OF GBL

     Set forth below is the (i) name, (ii) principal business address, (iii)
citizenship or place of organization, and (iv) beneficial ownership of ordinary
shares of Pernod Ricard S.A., other than the shares owned by GBL (if
applicable), of each person who may be deemed, for purposes of this Statement,
to control GBL.

(i)  Pargesa Holding S.A.

(ii) 11 Grand Rue, CP 199, 1211 Geneva 11, Switzerland

(iii) Switzerland

(i)  Parjointco N.V.

(ii) Veerkade 5 - 3016 - Rotterdam, Netherlands

(iii) Netherlands

(i)  Power Financial Europe BV

(ii) Veerkade 5 - 3016 - Rotterdam, Netherlands

(iii) Netherlands

(i)  Power Financial Corporation

(ii) 751 Square Victoria, Montreal (Quebec), Canada H2Y 2J3

(iii) Canada

(i)  171263 Canada Inc.

(ii) 751 Square Victoria, Montreal (Quebec), Canada H2Y 2J3

(iii) Canada

(i)  2795957 Canada Inc.

(ii) 751 Square Victoria, Montreal (Quebec), Canada H2Y 2J3

(iii) Canada

(i)  Power Corporation of Canada

(ii) 751 Square Victoria, Montreal (Quebec), Canada H2Y 2J3

(iii) Canada

(i)  Gelco Enterprises Ltd.

(ii) 44 Chipman Hill, Suite 1000, P.O. Box 7289, Station A, Saint John, New
     Brunswick, Canada E2L 2A9

(iii) Canada

(i)  Nordex Inc.

(ii) 44 Chipman Hill, Suite 1000, P.O. Box 7289, Station A, Saint John, New
     Brunswick, Canada E2L 2A9

(iii) Canada

(i)  Agesca Nederland N.V.

(ii) Veerkade 5 - 3016 Rotterdam, Netherlands

(iii) Netherlands

(i)  Compagnie Nationale a Portefeuille S.A.

(ii) Rue de la Blanche Borne 12 - 6280 Loverval, Belgium

(iii) Belgium


                                   Page 8 of 9

<PAGE>

(i)  Erbe S.A.

(ii) Rue de la Blance Borne, 12 - 6280 Loverval, Belgium

(iii) Belgium

(i)  Frere-Bourgeois S.A.

(ii) Rue de la Blanche Borne, 12 - 6280 Loverval, Belgium

(iii) Belgium


                                   Page 9 of 9
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