Diageo's first-half profits meet expectations
Drinks group says Irish Guinness sales grew by 4 per cent
Drinks group Diageo, which owns Guinness, has reported full-year earnings growth in line with analysts’ estimates as improved demand for whiskey and vodka in the US offset declines in Brazil and China.
Operating profit excluding some items rose 3 per cent on a so-called organic basis in the year to the end of June, Diageo said in a statement. This was only marginally below analysts' expectations for 3.1 per cent growth. Organic revenue ...