Executive Ivan Menezes News Today

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LONDON (Reuters) -Diageo, the world's largest spirits maker, beat first-half sales forecasts on Thursday as it raised prices and more people drank pre...

LONDON — Diageo PLC’s Chief Executive Ivan Menezes believes Scotland could face a water shortage due to climate change unless businesses and lawmakers act, he…

Diageo beat annual sales forecasts as more people drank expensive spirits and bars reopened after pandemic lockdowns the previous year.

Johnnie Walker whisky maker Diageo Plc said on Thursday its new financial year was off to a "strong start" and forecast a boost to operating margins as people opt for premium brands and spend more at restaurants and bars.

Provided by Dow Jones By Matteo Castia Diageo PLC said Thursday that net profit fell in the first half of fiscal 2021 on lower net sales due to the coronavirus pandemic. The London-based maker of Johnnie Walker scotch, Guinness stout and Smirnoff vodka made a net profit of 1.58 billion pounds ($2.16 billion) in the six months ended 31 Dec., compared with GBP1.87 billion for the same period a year earlier. Pretax profit was GBP2.20 billion, down from GBP2.46 billion. ...