Stock Take

Diageo’s ten-year surge halts but chief vows to find new wave of growth

Debra Crew says she will rebuild earnings margins after a ‘challenging’ first half – and investors believe her

Diageo has implemented one of the most attractive dividend policies of any company on the London stock market

The last ten years have proved to be a decade of extraordinary growth for Diageo, the British drinks giant which owns iconic brands like Guinness and Bailey’s.

Since 2014, the listed company has seen its topline sales surge almost 70 per cent to more than £17 billion last year, while profits have increased more than 80 per cent to over £6 billion. On the back of this bumper double-digit growth, Diageo has implemented one of ...