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Diageo PLC (DGE.L)

DGE.L on London Stock Exchange

22 Mar 2018
Change (% chg)

-4.50 (-0.19%)
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Latest Key Developments (Source: Significant Developments)

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

Jay Z dethrones Diddy atop hip hop’s rich list

LOS ANGELES, March 1 Jay Z has climbed past Sean "Diddy" Combs to rank as the world's wealthiest hip-hop artist thanks to heady champagne and cognac investments, according to data released by Forbes magazine on Thursday.