Strong sales growth continues at Diageo

Posted on 3 May 2012 by Tim Brown

Diageo achieved 6% organic net sales growth in first quarter of 2012 with emerging markets and a recovery in the US compensating for a poor performance in Europe and the UK.

The London-based alcoholic drinks group gained as markets in Latin America, Africa and Asia showed strong demand for its range of drinks, a US recovery gathered steam while in Europe, Spain and Greece were in decline. Organic net sales growth, by region, for the nine month period: North America 5% Europe (1)% Africa 12% Latin…

This content is for subscribers only. Subscribe now for free to read the full article.