A reassuring end to the year, with a FY22 beat. The cautious tone for FY23 had been expected given the elevated levels for 2022, but the mid-term (FY23-25) guidance was reiterated. In our view, Diageo remains a core holding given its superior execution and capital allocation.
28 Jul 2022
Spirits are still all the rage
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Spirits are still all the rage
Diageo plc (DGE:LON) | 2,931 0 0.0% | Mkt Cap: 65,309m
- Published:
28 Jul 2022 -
Author:
Laura Parisot -
Pages:
3
A reassuring end to the year, with a FY22 beat. The cautious tone for FY23 had been expected given the elevated levels for 2022, but the mid-term (FY23-25) guidance was reiterated. In our view, Diageo remains a core holding given its superior execution and capital allocation.