Oddo BHF - Diageo PLC (DEO..) Diageo : Annual results better than expected

Report

Oddo BHF

Fatma Agnès Hamdani

Diageo : Annual results better than expected

>Top line and margin above consensus - The top line grew by 5% for the full year vs +4.3% for the consensus. Volumes were also better. The top line was supported by LatAm and Asia (+7% and +9% respectively), but also by North America (+4% l-f-l above expectations) the performance in Africa was mixed.Operating profit was up by 7.6% (+6.4% for the consensus) implying a margin gain of 78bp (+60bp for the consensus) despite higher marketing costs and a weak contribut...

26/07/2018 4 FR

Underlying

Diageo PLC

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ARDEUT112505 Buenos Aires Stock Exchange United Kingdom

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Fatma Agnès Hamdani

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Diageo : Annual results better than expected

Diageo PLC: Update to credit analysis

Diageo PLC - December 2022 (LTM): Peer Snapshot

Diageo PLC: Update to credit analysis

IMCD GROUP : Results impacted by challenging market conditions

Savencia SA : Un T1 2024 plus faible qu’escompté. La croissance organique ressort stable

LISI : An excellent start to the year – Included in our Midcap Selection

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