Diageo : Interim results well above forecasts
>Our operating forecasts raised - The very good interim performance was partly driven by very favourable comparison bases (ban on selling alcohol near motorways in Indian, hurricanes in central America), and the launch of innovations in North America and Europe and as such the H2 trend is set to be less positive. In terms of margins, the group will continue to invest in North America and Europe and anticipates no improvement in margins in the second half. Management ...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.
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