Edition:
United States

Diageo PLC (DGE.L)

DGE.L on London Stock Exchange

2,255.50GBp
27 Apr 2017
Change (% chg)

-- (--)
Prev Close
2,255.50
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
4,034,702
52-wk High
2,348.09
52-wk Low
1,737.00

Latest Key Developments (Source: Significant Developments)

Diageo says now entering consultation period w/ employees and their representatives to discuss proposals in more detail
Thursday, 20 Apr 2017 11:57am EDT 

Diageo Plc :Diageo says has reviewed spirits bottling footprint, and that some jobs in european bottling plants may be impacted toward end of year.Diageo says now entering consultation period w/ employees and their representatives to discuss proposals in more detail.  Full Article

GMB Scotland Union says Diageo to cut 105 jobs in Scotland due to brexit concerns
Thursday, 20 Apr 2017 11:34am EDT 

April 20 (Reuters) - :GMB Scotland Union says Diageo to cut 105 jobs in Scotland due to brexit concerns.  Full Article

Diageo says expectations unchanged after H1 profit gain
Thursday, 26 Jan 2017 02:09am EST 

Diageo Plc : Half year underlying EPS rose 21 percent to 62 pence . Interim dividend up 5 percent to 23.7 pence per share . Reported net sales (£6,421 million) and operating profit (£2,065 million) were up 14.5% and 28.0% . Organic growth, across all regions, with 1.8% volume growth and 4.4% net sales growth . Organic operating profit grew 4.4%, in line with top line growth . Free cash flow continued to be strong at £1,084 million . Basic EPS of 60.3 pence. Pre-Exceptional EPS was 62.0 pence, up 21% . Our expectations of delivering stronger financial performance this year are unchanged .Confident of achieving our medium term objective of consistent mid-single digit top line growth and 100bps of organic operating margin improvement in three years ending 30 June 2019.  Full Article

Diageo says to hike financial support to Thalidomide Trust
Wednesday, 7 Dec 2016 07:30am EST 

Diageo Plc : Under agreement Diageo has increased its financial support to beneficiaries of Thalidomide trust through a one-off payment of 27 mln stg . Net of tax charge to discontinued operations in half-yearly income statement will be approximately 60 mln stg . Reached agreement with trustees of Thalidomide trust, Trust's national advisory council, co's financial support will increase by 45 mln stg .Cash payments made to UK Thalidomide trust in second half of F17 are expected to be approximately 40 mln stg.  Full Article

Guinness Nigeria says Diageo Plc will not proceed with offer
Wednesday, 5 Oct 2016 12:50am EDT 

Guinness Nigeria Plc : Says the Co has taken decision not to proceed with Diageo Plc's offer . Says Diago Plc's intended to make offer through Guinness Overseas Ltd for up to 15.7% of share capital of the Co Source : http://bit.ly/2dQ8jyJ Further company coverage: [GUINNES.LG] (Bangalore.newsroom@thomsonreuters.com).  Full Article

Diageo CFO says too early to comment on business impact of Brexit
Thursday, 28 Jul 2016 02:41am EDT 

: Diageo CFO says it's important for company that UK continues to benefit from open access to EU . Diageo CFO says too early to say if Brexit has impacted business or consumer demand for alcoholic drinks .Diageo CFO says no news regarding relationship w/ former chairman of United Spirits, Vijay Mallya.  Full Article

Diageo we are confident of achieving our objective of mid-single digit top line growth, and in three years ending f19 delivering 100bps of organic operating margin improvement."
Thursday, 28 Jul 2016 02:08am EDT 

Exceptional eps increased 1% to 89.4 pence : Board recommended a final dividend increase of 5% bringing full year dividend to 59.2 pence per share . We are confident of achieving our objective of mid-single digit top line growth, and in three years ending f19 delivering 100bps of organic operating margin improvement." . Fy underlying eps rose 1 percent to 89.4 pence . Total dividend 59.2 penceper share . Fy organic results improved with volume growth of 1.3%, net sales growth of 2.8%, and operating profit growth of 3.5% . Reported net sales declined 3.0% .Fy basic eps fell 6 percent to 89.5 pence.  Full Article

Diageo says Javier Ferrán will be appointed chairman designate
Wednesday, 18 May 2016 09:00am EDT 

Diageo Plc : Javier Ferrán will be appointed chairman designate .Javier Ferrán will be appointed to Diageo board as a non-executive director from 22 July 2016 and will be appointed chairman on 1 January 2017.  Full Article

Diageo PLC - Nigeria fines Guinness $5 mln over expired raw materials - Reuters
Thursday, 12 Nov 2015 01:58am EST 

Diageo PLC:Nigeria's Guinness said on Thursday it had been fined 1 billion naira ($5 million) by the local food and drug agency over alleged infractions relating to the destruction and re-validation of expired raw materials without prior approval - RTRS.The local unit of Diageo said it did not fully understand the basis for the fine, nor the particular regulations infringed, but was in talks with the National Agency for Food and Drug Administration and Control (NAFDAC) to resolve the matter - RTRS.  Full Article

Diageo PLC Sells C&E wine brands and Percy Fox to TWE
Tuesday, 13 Oct 2015 08:00pm EDT 

Diageo PLC:Says has agreed the sale of its major wine interests in an agreement with Treasury Wine Estates relating to the US based Chateau and Estate Wines and the UK based Percy Fox businesses for a consideration of $552 million.The net proceeds of approximately £320 million, after tax and transaction costs will be used to repay borrowings.The transaction, which is subject to regulatory approval, is expected to complete around the end of the calendar year.  Full Article

More From Around the Web

HSBC says former Diageo chief Walsh to leave its board

LONDON, April 21 HSBC said Paul Walsh, the former chief executive of drinks maker Diageo, is to step down from its board with immediate effect in order to focus on his other commitments.