Diageo

Menezes: 'productivity initiatives'

Diageo GB sales fuelled by gin and beer

By Rod Addy

Diageo’s GB sales were driven by beer and gin in the six months to the end of December last year, according to the latest interim results posted by the alcoholic beverages giant.

Diageo has boosted sales and growth

Diageo boosts growth and sales

By Laurence Gibbons

Drinks giant Diageo has boosted sales, excluding acquisitions, by 1.8% and volume growth by 1% during a “challenging year for trading” during the six months to December 31 2015.

In the year to June 30, Diageo generated £57M from sales of Bushmills

Diageo swaps Bushmills for Don Julio and £255M

By Rod Addy

Diageo has agreed to sell its Bushmills Irish whiskey brand to Jose Cuervo Overseas in return for full ownership and control of Casa Cuervo’s tequila brand Don Julio and $408M (£255M).

Menezes: 'Headwinds in some emerging markets'.

Analysts critical of Diageo results

By Rod Addy

Diageo’s first quarter (Q1) results were “a miss” for one analyst, while another claimed its performance was “muted” for the three months to September 30.

O-I's Alloa plant supplies bottles for various Diageo brands, including Johnnie Walker whisky

Shadow hangs over Scottish bottle plant

By Rod Addy

Action is underway to safeguard 500 jobs at a bottle making plant in Scotland after drinks giant Diageo announced plans to shift bottle supply for brands including Johnnie Walker and Smirnoff to other locations.

Premium brands such as Johnnie Walker Blue are slipping down a treat with North American youngsters

Diageo focuses on premium local brands and Scotch

By Mike Stones

New Diageo boss Ivan Menezes has confirmed the drinks giant’s commitment to premium local brands and Scotch whisky, as the firm released its preliminary results for the full-year ended June 30 2013.

Walsh will officially take up the chairman position on January 1 2014

Compass Group appoints former Diageo boss

By Laurence Gibbons

The Compass Group has appointed former Diageo chief executive Paul Walsh as its new chairman following Roy Gardner’s decision to stand down on February 7 after seven years with the group.

Walsh's tenure was described as 'a game of two halves' by Investec

Diageo boss to step down after 13 years

By Mike Stones

The boss of Guinness and Johnnie Walker whisky maker Diageo is to step down after 13 years at the helm, in what City analyst Investec described as “a well-flagged transition”.

Diageo is reviewing it Scottish operations

Diageo to cut 80 jobs in Scotland

By Lorraine Mullaney

Diageo is planning to “take 80 roles out of the business” as it restructures its management operations in in Scotland.

Diageo has acquired Brazil’s leading premium cachaca brand, Ypica

Diageo acquires Brazil’s top premium cachaca brand

By Lorraine Mullaney

British drinks giant Diageo has acquired Brazil’s leading premium cachaca brand, Ypioca, as part of its continuing strategy to expand in the BRIC nations (Brazil, Russia, India and China).

Productive spirit

Productive spirit

By Rod Addy

Mark Twain once said: "Too much of anything is bad, but too much of good whiskey is barely enough." It's a motto that Diageo's Cameronbridge distillery in Scotland takes very much to heart, although perhaps not quite in the way Twain...

City raises glass to Diageo

City raises glass to Diageo

By Anne Bruce

Drinks group Diageo pleased city analysts today reporting a 7% year-on-year growth in like-for-like sales in the third quarter, with sales volumes up 2%.

Yeni Raki is one of Mey İçki's brands

Diageo targets further acquisitions in emerging markets

By Graham Holter

Diageo anticipates big growth from developing countries in the medium-term, and is planning further acquisitions in these markets given difficult trading conditions in mature markets such as Europe and North America.