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| Name | Symbol | Market | Type |
|---|---|---|---|
| Diageo Plc | NYSE:DEO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.26 | -0.19% | 137.18 | 138.44 | 136.6623 | 138.13 | 456,484 | 01:00:00 |
From May 2019 to May 2024
By Anthony O. Goriainoff
Diageo PLC (DGE.LN) Thursday said the company had a good start to fiscal 2020 and backed the board's views for the year.
The world's largest liquor maker--which owns the Johnnie Walker and Smirnoff brands among others--said it expects first half organic operating profit growth in-line with, or slightly behind, organic net sales growth. Organic operating profit for the first half of fiscal 2018 grew by 12.3%. Organic net sales grew 7.5% for the year-prior period.
The board said that it expects organic net sales growth for fiscal 2020 to be toward the midpoint of the 4% to 6% range. It added that organic operating profit will grow roughly one percentage point ahead of organic net sales.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
September 19, 2019 02:37 ET (06:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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