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Diageo 'resilient' in first half despite currency woes

2016-01-28 13:36:29| Beverages - Topix.net

Diageo chief executive Ivan Menezes said the company had "momentum and resilience", as sales grew 1.8%, on volumes up 1% in the first six months of the year. However the global drinks giant was badly affected by foreign exchange and the impact of disposals, which reduced net sales on a reported basis by A 400m to A 5,606m and operating profit by A 156m to A 1,613m.

Tags: half currency woes resilient

 

Diageo brands drive United Spirits YTD sales leap

2016-01-28 12:18:00| Daily beverage news and comment - from just-drinks.com

United Spirits sales jumped 13% in the first nine months of its financial quarter, with more than half of that coming from Diageo brands.

Tags: united sales drive brands

 
 

H1 sales dip as Diageo battles FX headwinds

2016-01-28 11:09:00| Daily beverage news and comment - from just-drinks.com

Diageo's sales dropped 5% in the first half of its financial year but underlying performance stayed solid as Smirnoff returned to growth in the US.

Tags: sales dip battles diageo

 

Diageo plc (DGE) Scheduled to Post Quarterly Earnings on Thursday

2016-01-27 14:22:21| Beverages - Topix.net

Shares of Diageo plc opened at 1871.9999 on Wednesday. The firm's 50-day moving average is GBX 1,829.73 and its 200 day moving average is GBX 1,822.72.

Tags: post thursday scheduled quarterly

 

Diageo plc (DGE) PT Lowered to GBX 1,660 at Canaccord Genuity

2016-01-25 17:04:32| Beverages - Topix.net

The firm currently has a "sell" rating on the stock. Canaccord Genuity's price target indicates a potential downside of 10.63% from the company's previous close.

Tags: plc lowered diageo gbx

 

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