Edition:
United States

Diageo says overall performance for year remain unchanged


Wednesday, 20 Sep 2017 02:00am EDT 

Sept 20 (Reuters) - DIAGEO PLC ::EXPECTATIONS ON OVERALL PERFORMANCE FOR YEAR REMAIN UNCHANGED.EXPECT H1 ORGANIC NET SALES GROWTH RATE WILL BE IMPACTED BY LATER TIMING OF CHINESE NEW YEAR AND BY EXPECTED IMPACT OF HIGHWAY BAN IN INDIA.EXPECT OUR ORGANIC OPERATING MARGIN EXPANSION WILL BE WEIGHTED TOWARDS H2.RE-AFFIRM EXPECTATION OF MID-SINGLE DIGIT TOP LINE GROWTH AND 175BPS OF ORGANIC OPERATING MARGIN IMPROVEMENT OVER THREE YEARS ENDING 30 JUNE 2019.