Diageo investor relations

Diageo issues trading update due to a weaker performance outlook in Latin America and Caribbean and updated medium term guidance ahead of Capital Markets Event. At that time, our expectation for the group was for the first half of diageo investor relations 24 to see a gradual improvement in organic net sales growth from the second half of fiscal

Download PDF. This document contains selected unaudited re-presented historical consolidated financial information of Diageo group Diageo plc and its subsidiaries - Diageo as of and for the years ended 30 June , 30 June and 30 June and the six months ended 31 December and 31 December reflecting a change in the presentation currency of Diageo plc from sterling to US dollar. This document is published to help the understanding of Diageo's past performance and financial position on a represented basis, in US dollar. Diageo's unaudited interim financial statements as at and for the six months ending 31 December will use US dollar as the presentation currency. Further re-presented financial information including re-presented consolidated statement of changes in equity and consolidated statement of cash flows will be published for the years ended 30 June , 30 June and 30 June in January These non-GAAP measures are chosen for planning and reporting, and some of them are used for incentive purposes. Note that the representation to US dollar did not result in any material change to organic growth movements for any of the periods, geographical segments or key categories.

Diageo investor relations

Diageo, a multinational company headquartered in London, is one of the world's leading manufacturers of alcoholic beverages. Their extensive portfolio includes some of the world's most well-known alcohol brands, ranging from spirits and beers to wines. The company operates in more than countries and is an important player in the alcoholic beverage industry due to its sheer size and portfolio of brands. Diageo came to be in through the merger of Guinness and Grand Metropolitan, two companies with rich histories in the alcoholic beverages industry. The name 'Diageo' is derived from the Latin word 'dia', meaning day, and the Greek word 'geo', meaning world. The company's portfolio includes well-known brands such as Johnnie Walker, Smirnoff, Baileys, and Guinness. Despite the relative youth of the current company, the roots of its constituent companies stretch back centuries. Guinness, the world-renowned Irish stout, was established by Arthur Guinness in , while Johnnie Walker started its journey in These historical brands form part of the backbone of Diageo and contribute significantly to its global success. Brands such as Smirnoff and Johnnie Walker have established themselves as some of the world's best-selling spirits, while Guinness continues to stand tall in the beer category. The company heavily invests in the research and development of new products and works to maintain the high quality and consistency of its existing offerings. Some companies operating in the same industry include names like Campari.

Terms and conditions relating to the use and distribution of this information may apply. And with Guinness at the heart of our portfolio, the majority of our beer business is positioned in the fastest-growing, diageo investor relations, premium beer segments.

Download PDF. The first half of fiscal 24 was challenging for Diageo and our sector, particularly as we lapped strong growth in the prior year and faced an uneven global consumer environment. Excluding LAC, our group organic net sales grew 2. While North America delivered sequential improvement in line with our expectations, we are focused on returning to high-quality share growth as consumer behaviour continues to normalise in our largest region. As previously announced in November , materially weaker performance in LAC, driven by fast-changing consumer sentiment and high inventory levels, significantly impacted total business performance.

Download PDF. See page 48 for explanation and reconciliation of non-GAAP measures, including organic net sales, organic marketing investment, organic operating profit, free cash flow, eps before exceptionals, ROIC, adjusted net debt, adjusted EBITDA and tax rate before exceptional items. Percentages represent percent of markets by total Diageo net sales contribution that have held or gained total trade share fiscal year to date. Measured markets indicate a market where we have purchased any market share data. Market share data may include beer, wine, spirits or other elements. Effective fiscal 23, market share now reflects total on and off trade. For further details see page

Diageo investor relations

Diageo delivers strong cash generation and is well positioned for future growth despite challenging first half environment. View press release. From centuries-old names to the latest innovations, Diageo offers something for every taste and celebration. Number of people educated on the dangers of underage drinking through a Diageo supported education programme. Figures from Annual Report

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View all press releases. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. A Long History of Alcohol Production. Cosec diageo. We are not providing specific guidance in relation to foreign exchange for fiscal The selected historical financial information that was included in the consolidated financial statements of Diageo as at and for the years ended 30 June , 30 June and 30 June and as at and for the six months ended 31 December and 31 December has been re-presented in US dollar following the translation methodology in IAS 21 - The Effect of Changes in. Access 10 more Key Slides on Quartr. Close search I'm interested in Diageo's unaudited interim financial statements as at and for the six months ending 31 December will use US dollar as the presentation currency. We have exposure to some of the greatest consumer growth opportunities, and some resilience to global trading volatility. Looking ahead to the second half of fiscal 24, despite continued global economic volatility, we expect to deliver improvement in organic net sales and organic operating profit growth at the group level, compared to the first half. Close search I'm interested in We now expect organic operating profit growth for the first half of fiscal 24 to decline compared to the first half of fiscal 23, primarily due to LAC's declining net sales, increased trade investment, lower operating leverage and adverse mix resulting from downtrading. Get a 7-day free trial. Change in the functional and presentation currency Starting 1 July , in line with reporting requirements, the functional currency of Diageo plc has changed from sterling to US dollar which is applied prospectively.

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View all press releases. The decline in LAC was driven by a strong double-digit net sales growth comparator as well as lower consumption and consumer downtrading due to macroeconomic pressures in the region. Diageo's unaudited interim financial statements as at and for the six months ending 31 December will use US dollar as the presentation currency. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including factors that are outside Diageo's control. Over time, as inflation moderates and productivity from our supply agility program flow through, we expect operating profit to grow ahead of organic net sales growth. Following the release by Diageo plc the "Company" on 01 August of the Company's preliminary results for the year ended 30 June , the following documents have today been issued:. Close search I'm interested in In Europe, growth continues to be strong despite geopolitical tensions escalating in the Middle East, where we are a leading spirits company. We declared an interim dividend increase to And with Guinness at the heart of our portfolio, the majority of our beer business is positioned in the fastest-growing, premium beer segments. Number of people educated on the dangers of underage drinking through a Diageo supported education programme.