Diageo to pay €2.1bn dividend to investors after reporting double-digit profit growth

The British drinks giant reported record full year sales of almost €20 billion on the back of higher sales prices and foreign exchange tailwinds

Diageo owns Guinness, along with a host of other drinks brands

Diageo, the British drinks giant which owns Guinness, has reported double-digit growth in sales and profits for its 2023 financial year, and proposed a £1.8 billion (€2.1 billion) dividend to its shareholders.

On Tuesday morning, the company reported earnings (Ebitda) of just under £6.4 billion (€7.5 billion) for the 12 month period to the end of June 2023, which up 13 per cent on the previous financial year. Operating profits in the business increased 10 ...