Diageo revenue growth supported by premium brands

ZURICH Thu Jan 31, 2013 2:18am EST

ZURICH Jan 31 (Reuters) - Diageo, the world's biggest spirits group, reported steady sales growth in the second half of 2012, driven by price rises and the growth in the United States of premium brands like Ketel One vodka and Bulleit Bourbon.

The maker of Johnnie Walker whisky, Guinness beer and Tanqueray gin saw sales grow 5 percent like-for-like to 6.039 billion pounds ($9.54 billion) in the half year to December, while pre-exceptional earnings per share rose 9 percent to 60.9 pence.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.