Diageo Share Discussion Threads

[dudishes] 15/2/2024 15:08

Blackhores, big being blue, little with refs.

Learn more, https?

Scan if you can, scam if you cannot?

[blackhorse23] 15/2/2024 12:54

https://www.londonstockexchange.com/news-article/GNC/director-pdmr-shareholding/16333680

[dudishes] 14/2/2024 17:03

G'day Alphorn,

I would have been wise to read your 2nd post on the 9th?

I was kicked out for -51pts.

As with GSK (+107pts), both moved to watch list.

Cannot win em all.

cheers

[philanderer] 13/2/2024 00:15

Diageo-owned brand Cîroc has entered the RTD category for the first time with the launch of two sparkling drinks: Cîroc Summer Citrus and Cîroc Tropical Passion.

[jubberjim] 09/2/2024 19:18

BTC 's

Snap

Would do the same with Bats using 'as an equation' but ex smoker can t buy tobacco

Ethics be dammed !

[alphorn] 09/2/2024 18:41

Should have said moved to my watch list to write a bearish option position.

[billy two cocks] 09/2/2024 15:00

Put a buy order in at around £24 and you should fill.

[alphorn] 09/2/2024 13:15

Hi Dud and Waldron; moved DGE to my watch list.

[dudishes] 07/2/2024 08:44

They keep giving?

3000 the target but will settle at 2991.

cheers

[waldron] 06/2/2024 14:54

THE SPIRITS BUSINESS

Diageo adds €13.2bn to Europe’s economy
06 February 2024
By Nicola Carruthers

Johnnie Walker maker Diageo contributes more than €13 billion (US$14bn) to Europe’s economy every year, a new report has revealed.

Diageo operates 30 distilleries in Scotland, including Caol Ila on Islay

The Diageo’s Economic Impact in Europe report by Oxford Economics found that the London-headquartered drinks company added €13.2bn (US$14.2bn) in gross value in 31 European countries, including Switzerland, the UK, Turkey and Norway.

For every €1 Diageo received in net sales, it supported a contribution of €3.60 to the GDP of Europe.

Jake Kuyer, associate director at Oxford Economics, said: “Diageo is an industry leader that generates significant economic impact through its operations in Europe. This has a ripple effect that benefits other industries, with manufacturing, transport, tourism, hospitality, and agriculture all benefiting from its operations, meaning that Diageo’s value is felt across the entire economy.”

Diageo said it earned €3.7bn (US$4bn) in net sales in 31 European countries in 2022.

In Europe, Diageo employs almost 9,000 full-time staff across 22 countries.

The report found that Diageo contributes 200,000 jobs annually to the nation’s economy. The study claimed that the company’s employees are 4.1 times more productive than the average European worker in terms of contribution to GDP.

For each person employed by Diageo, a further 8.7 full-time jobs were supported by its supply spending.

The report also noted that spirits trade between 31 European countries and the rest of the world accelerated by 54% in the 10 years to 2022.

John Kennedy, Diageo’s Europe president, added: “This report showcases the true extent of Diageo’s significant economic and social impact across the region and demonstrates how important the drinks and hospitality industry is to the economic success and future prosperity of Europe.”

“Europe has always been an important region for Diageo and is home to many of our iconic global brands such as Johnnie Walker and Guinness. As a result, we are proud to be constantly strengthening the partnerships across the region that provide outstanding value to the wider economy through our direct and indirect investment, collaboration and innovation.”

The company operates 30 distilleries in Scotland, a brewery and distillery in Dublin, and maturation and packaging facilities across the UK, and in Italy. Diageo also manages marketing and supply excellence centres in the Netherlands, and a business hub in Hungary.

Diageo saw organic net sales drop by 0.6% in the first half of fiscal 2024, with revenue in Europe rising by 3%.

[dudishes] 05/2/2024 13:14

Analysts in the main, neutral.

Ruck time, 3000?

[levisrus] 05/2/2024 12:36

Ticking up very nicely
Added from 2700's to 2900's

ATB

[dudishes] 05/2/2024 08:29

G'day,

2961, this is looking tasty at last?

[philanderer] 04/2/2024 00:19

I worked in military intelligence — now I’m determined to fix Diageo’s problems

Debra Crew’s tenure at the drinks giant has left investors nursing a huge hangover. She insists she has the recipe for recovery — and won’t ‘whine about my lot’

[philanderer] 03/2/2024 00:08

MARKET REPORT: Diageo shares fizz as it seeks a new chairman

[tuftymatt] 02/2/2024 19:14

It was too good a short term play for me to stick around so I got out earlier today.

I will get in again though on any pullback but have a feeling it may now try harder at breaking back above 3000.

Good luck all 👍🏻

[philanderer] 02/2/2024 14:39

Guinness owner Diageo hunts new chairman amid sales slowdown

The global drinks giant has hired Russell Reynolds Associates to identify a successor to Javier Ferran, its chairman since 2017, Sky News learns

[mcunliffe1] 02/2/2024 13:23

£33.47 is my average EI so count your blessings.

I'm down 10.39% after all costs, re-invested divi and today's rise.

[careful] 02/2/2024 13:16

Like the way they de ramp this quality company down then fill their boots.
Good tactics.

[essentialinvestor] 02/2/2024 12:46

Well this has been my surprise of the week and a nice one. I put my Dad in to DGE at £30.06, as previously mentioned. The recent pre results price action had been embarrassing, borderline mortifying!.

[disc0dave46] 02/2/2024 12:43

We've all been there!Hope you still made some profit.

[smcni1968] 02/2/2024 11:44

I sold at the bottom!

[cruelladeville] 02/2/2024 10:34

Feeling some relief here. Bought at year low only to see share price plummet a few days later. Inclined to sell DGE when I break even.