Diageo Share Discussion Threads

[philanderer] 07/3/2024 17:17

Baileys is bringing back mint flavour... with a twist

[philanderer] 07/3/2024 09:56

Lasst week's rally is fading badly.

[deanowls] 28/2/2024 14:50

Let’s put it this way net, your hundred notes won’t afford the pims brand.

[netcurtains] 28/2/2024 08:43

I sold took the £100 profit rather than the dividend...
Thanks..

[netcurtains] 27/2/2024 10:58

So this potential PIMS sale...
How much would it be worth?

[netcurtains] 27/2/2024 08:31

LOL - Thanks Laurence!

[laurence llewelyn binliner] 27/2/2024 08:28

Yes it does.. here at DGE... :o)

[netcurtains] 27/2/2024 08:23

Does it go ex-dividend on Thursday? (just double checking FT )

[888icb] 24/2/2024 17:36

Times Business today has an article on potential takeover targets due to low valuations in London. One of the companies they feature is Diageo:
“ Diageo
Banking sources took the unusual step this month of denying there was any dealmaking afoot when The Times reported rumours of a bid for Diageo. The FTSE 100 drinks maker had a wobble recently when it issued a profit warning, started a search for a new chairman and brought in Rothschild's bankers to serve up Pimm's to new - investors. Jefferies' analysts said they had no idea if anyone would want to buy Pimm's.
Debra Crew, Diageo's new chief executive, has been having "tough conversations" about how to restore the company's reputation as a solid stock. Diageo's share price now sits at £29.86 and, with food and - beverage businesses attracting average premiums of 41 per cent, it is thought that the guardian of Guinness could change hands for £94 billion.

[philanderer] 23/2/2024 00:47

Anyone for Pimm's? Diageo seeks buyer for British summer staple


The FTSE-100 drinks behemoth has hired Rothschild to explore the sale of a trio of brands, including the quintessentially English summer tipple, Sky News learns.

[laurence llewelyn binliner] 17/2/2024 09:39

Another growth market we are positioned for offsetting any LAC volume reductions.. :o)



UK based rival Diageo also opened a plant in the Yunnan Province in December and is currently trialling production with plans to be fully up and running later this year. The company is also opening an Asia-Pacific Innovation hub in Shanghai..

[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