Diageo sales up 1.7%

25 January, 2018

Diageo, the world’s largest premium spirits company, has announced its interim results for six months ended December 31, 2017.

Diageo chief executive Ivan Menezes says that despite a late Chinese New Year and highway ban in India, the company is on course to hit its targets ahead of the 2017 annual general meeting.

Diageo chief executive Ivan Menezes says the company is ‘restless as hell’ following the release of its annual market report for the year ending 30 June 2017, despite profits growing up to 25%.

Diageo has agreed the full global ownership and control of tequila Don Julio with Casa Cuervo in exchange for Bushmills. 

Diageo has completed its tender offer for a further 26% share in United Spirits. 

Diageo's new chief executive Ivan Menezes, has announced a series of changes to his executive management committee

Diageo has announced that its president new businesses, Andrew Morgan, is to retire.

on 31 January, 2014

Playing the numbers game Diageo’s interim results for the six months to December 31 which were reported yesterday (January 30), make bleak reading.

on 31 July, 2013

Listening to BBC Radio 4 this morning (July 31), I heard the voice of the new chief executive of Diageo. Ivan Menezes coped well with the busy, bustling questions from the Beeb’s city correspondent in the minute or so allotted to the interview.

Diageo has reported steady net sales growth of 5%, despite Asia Pacific's revenues slowing and Western Europe continuing to falter.

Diageo will have a new leader at the helm within two months having announced Ivan Menezes will succeed Paul Walsh on July 1 this year.

Ivan Menezes has been appointed to the Diageo board as an executive director with effect from July 2.

Diageo has appointed Ivan Menezes to the newly created role of chief operating officer. Menezes is currently president Diageo North America and chairman of Diageo Asia Pacific and Diageo Latin America & Caribbean.  He will take up the role on March 1, 2012.

Comment

Joe Bates

Why craft brands are gaining traction

I’ve always maintained that the cards are stacked against craft spirits brands wanting to build a meaningful travel retail presence.

Click for more »

Events

Facebook

Twitter