Diageo : 2018-19 results broadly in line. Guidance for 2020 more cautious than expected. New programme for cash returns to shareholders
>Solid organic growth of 6.1% vs consensus forecast of 6.2% - 2018-19 full-year sales in line with consensus forecasts at £ 12.87bn. Organic growth was +6.1% vs +6.2% for the consensus, boosted by a price effect of +3.8% and a volume mix of +2.3%. All zones reported growth, particularly Latin America and Africa which came in higher at +7% and +9%. Europe was below at +4% vs +4.4% in H1. Sales were less robust in the UK with only +4% vs +14% in H1 due to an unfavourabl...Diageo is a premium drinks business based in the United Kingdom. Co. is engaged in producing and distributing spirits, beer and wine. Co.'s operations include producing, distilling, brewing, bottling, packaging, distributing, developing and marketing of a range of brands. The brands that it produces and distributes include Smirnoff vodka, Johnnie Walker scotch whisky, Baileys Original Irish Cream liqueur, Captain Morgan rum, J&B scotch whisky, Tanqueray gin and Guinness stout. In addition, Co. also has the distribution rights for the Jose Cuervo tequila brands in North America and other countries.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.