Diageo reports sales growth amid ‘challenging’ markets
Diageo has reported net sales up 1.2% to $4.9bn, with "positive organic growth partly offset by unfavourable foreign exchange and the impact of disposals".
The drinks group's trading update for the first quarter of its fiscal year 2027 also showed organic net sales growing 0.6%, excluding the impact of selling shares in East African Breweries.
Latin America and Caribbean, and Asia Pacific, delivered mid-single-digit growth, while India and Europe, Middle East and Africa were up low-single-digit. In North America, organic net sal... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
