Diageo Half-Year Results 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Diageo plc (DEO) 1st half-year results, based on a poll of nine analysts conducted by Dow Jones Newswires (figures in million GBP, dividend and target price in pence, growth rates in percent, according to IFRS). Earnings figures are scheduled to be released January 29.

=== 
                            Org.                Org.     Net 
                   Net    growth   Oper.      growth attrib. 
1st half-year    Sales Net Sales  Profit Oper Profit  profit 
AVERAGE          5,963      -0.1   1,968         0.3   1,515 
Prev. Year       5,932       3.0   2,040         3.0   1,599 
+/- in %          +0.5        --    -3.5         -91    -5.2 
 
MEDIAN           5,941      -0.3   1,965         0.3   1,571 
Maximum          6,279       1.0   2,082         3.3   1,672 
Minimum          5,732      -0.8   1,800        -2.3   1,314 
Amount (a)           9         8       8           6       5 
 
Barclays         5,732      -0.7   1,940          --      -- 
Bernstein        6,184       0.6   2,082         3.3   1,571 
Deutsche Bank    6,028        --   2,045          --   1,600 
Jefferies        5,773      -0.8      --          --      -- 
Kepler Cheuvreux 5,795      -0.5   1,800        -2.3   1,314 
Nomura           5,891       1.0   1,897        -1.7      -- 
Santander        6,279       0.5   2,059         0.5   1,672 
UBS              6,046      -0.1   1,931         0.1   1,420 
 
 
               Target price  Rating             DPS 2014/15 
 
AVERAGE               2.000  positive 5     AVERAGE      54 
Prev. Quarter         1.960  neutral  3     Prev. Year   52 
+/- in %               +2.0  negative 0     +/- in %   +4.9 
 
MEDIAN                2.025                 MEDIAN       54 
Maximum               2.150                 Maximum      56 
Minimum               1.790                 Minimum      52 
Amount                    8                 Amount        6 
 
Barclays              2.050  Overweight                  56 
Bernstein             2.140  Outperform                  53 
Citigroup             2.150  Buy                         52 
Deutsche Bank         2.000  Buy                         54 
Jefferies             2.100  Buy                         -- 
Nomura                1.920  Neutral                     -- 
Santander             1.790  Hold                        54 
UBS                   1.850  Neutral                     56 
=== 

Year-earlier figures are as reported by the company.

(a) Including anonymous estimates from one more analyst.

DJG/voi 

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