Diageo reported H1 results just ahead of peers. However, the lowered FY20 sales guidance and the shy volume growth (+0.2%) have slightly darkened the picture. The strong metrics, still ahead of peers, and the still growing return to shareholders still make it a quality stock for us.

30 Jan 2020
Lowered FY20 sales guidance does not really taint our confidence

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Lowered FY20 sales guidance does not really taint our confidence
Diageo plc (DGE:LON) | 2,812 1476.2 1.9% | Mkt Cap: 62,993m
- Published:
30 Jan 2020 -
Author:
Laura Parisot -
Pages:
3 -
Diageo reported H1 results just ahead of peers. However, the lowered FY20 sales guidance and the shy volume growth (+0.2%) have slightly darkened the picture. The strong metrics, still ahead of peers, and the still growing return to shareholders still make it a quality stock for us.