ANALYST VIEWS: WILL DIAGEO’S REVIVAL LAST?
JONATHAN JACKSON | KILLIK & CO
“On first glance, the 12 per cent growth in organic net sales during the quarter appears impressive. However the comparatives against the same period last year were fairly easy. The timing of Easter also helped.”
SAM HART | CHARLES STANLEY
“These are an impressive set of figures. Things are really picking up after the downturn and we see the outlook as positive for the company. The results were well above forecasts and the company seems to think that the progress will continue.”
SIMON HALES | EVOLUTION
“The performance was impressive with upgrades to full-year results likely following the update. The growth was driven by the unwinding of a seven per cent decline in comparable sales as the trade de-stocked a year ago.”