FY preliminary results: volumes were up +1.1% (cons. 1.6%). Sales grew organically by +4.3% (cons. +4.2%, H2: +4.2%). On reported figures, sales were up +15% helped by FX tailwinds. FY organic net sales by region: North America 3% (cons. 3%, H2: +3%), Europe 5% (cons. 4.5%, H2: +5%), Africa 5% (cons. 5%, H2: +6%), LatAm 9% (cons. 10.9%, H2: +7%), and Asia Pacific 3% (cons. 2.6%, H2: +3% ). The operating margin before exceptional items was up 244bp on reported figures (cons. +130bp) and 37bp o
28 Jul 2017
FY: Raises guidance and launches share buy-back
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FY: Raises guidance and launches share buy-back
Diageo plc (DGE:LON) | 2,836 382.8 0.5% | Mkt Cap: 63,093m
- Published:
28 Jul 2017 -
Author:
Anna Zyniewicz -
Pages:
3
FY preliminary results: volumes were up +1.1% (cons. 1.6%). Sales grew organically by +4.3% (cons. +4.2%, H2: +4.2%). On reported figures, sales were up +15% helped by FX tailwinds. FY organic net sales by region: North America 3% (cons. 3%, H2: +3%), Europe 5% (cons. 4.5%, H2: +5%), Africa 5% (cons. 5%, H2: +6%), LatAm 9% (cons. 10.9%, H2: +7%), and Asia Pacific 3% (cons. 2.6%, H2: +3% ). The operating margin before exceptional items was up 244bp on reported figures (cons. +130bp) and 37bp o