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Diageo

  • 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. 

  • New year hangover for Diageo’s boss as expectations lowered again

    January 16, 2024

    Diageo is continuing to feel the fall out from last year’s profit warning and a weakening demand for premium spirits, as analysts slashed expectations for the Guinness maker.  The FTSE 100 firm, which also makes Smirnoff vodka and Captain Morgan rum, has around £29bn wiped off its market cap value over the past year amid [...]

  • Diageo: Guinness maker shares hit lowest level in four years amid China trade row

    January 5, 2024

    Shares at Diageo are now trading at their lowest level since November 2020, in the face of weakening sales and trouble with Chinese trade. 

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