Diageo boss reassures concerned investors ahead of annual meeting September 26, 2024 Diageo chief executive Debra Crew has reassured investors that the company’s fundamentals remain strong despite market headwinds and a sinking share price. The company’s share price has fallen by nearly 19 per cent in the last year and just over one per cent in the last month. Crew said that consumers continue to be “cautious” [...]
Magners and Tennent’s owner C&C outperforms in tough alcohol market August 15, 2024 Drinks company C&C, the owner of brands such as Magners and Tennent’s, has said it’s on track to meet expectations this year despite well-documented troubles in the alcohol industry. The firm, which is headquartered in Dublin, said in an update ahead of its AGM that it remained “confident” of achieving its set goal and that [...]
Diageo: Shares at Guinness maker sink as Latin America hangover continues July 30, 2024 Diageo reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on the world's largest spirit maker.
Premier League signs up Guinness to replace Budweiser in £40m deal June 12, 2024 Guinness saw off competition from Heineken to replace Budweiser.
Guinness-maker Diageo poaches Coca-Cola bottler finance chief as Crew looks to revive sales May 3, 2024 Diageo has poached a new chief financial officer from the world’s largest Coca-Cola bottler today as chief executive Debra Crew pushes ahead with plans to revive the drinks giant's flagging sales.
Diageo drafts in former head of civil service Sir John Manzoni as new chair March 19, 2024 This comes as Diageo, which makes drinks such as Guinness and Pimm's, has seen its share price drop in the last year, in part due to the pressure of rising energy costs.
Anyone for Pimm’s? Diageo mulls sale of iconic British tipple February 22, 2024 Diageo, the FTSE 100 drinks giant, is reportedly mulling the sale of three non-core brands, including summer time favourite Pimm’s.
Diageo GB chief: ‘Guin-fluencers’ and the Six Nations will give us a big boost January 30, 2024 A combination of more diverse audiences, the Six Nations, and socia media are keeping Diageo's home market in fine fettle
Diageo: Glass half-empty as Latin American horror show continues for Guinness maker January 30, 2024 Guinness maker Diageo has reported a further decline in earnings in the interim period, as consumers cut back on top shelf booze
Diageo: Guinness maker looks to put fizz back in its share price January 27, 2024 All eyes will turn to Guinness maker Diageo on Tuesday, as the firm provides investors with an update on trading in the first half of the year.