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DGE Diageo Plc

2,728.50
-14.00 (-0.51%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Diageo Plc LSE:DGE London Ordinary Share GB0002374006 ORD 28 101/108P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -14.00 -0.51% 2,728.50 2,730.00 2,731.00 2,763.50 2,718.50 2,745.00 3,104,419 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wine & Alcoholic Bev-whsl 23.52B 3.73B 1.6715 16.34 61.01B

Diageo Expects Margins to Benefit From Recovery in Volumes

30/09/2021 7:42am

Dow Jones News


Diageo (LSE:DGE)
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By Jaime Llinares Taboada

 

Diageo PLC said Thursday that it has had a strong start to the fiscal year, and that it expects organic operating margins to benefit from a further recovery in sales volumes.

The world's largest liquor maker--which owns Johnnie Walker whisky and Tanqueray gin--also expects near-term volatility to remain, including the impact of future waves of Covid-19.

Diageo said its North American business is performing strongly despite some supply-chain constraints. The European business is recovering ahead of expectations, with robust off-trade demand. Africa, Asia Pacific and Latin America-Caribbean are performing well, but volatility is likely to persist, Diageo said. As for travel retail, the business continues to be disrupted.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

September 30, 2021 02:27 ET (06:27 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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