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Friday 6 March 2015

Ivan Menezes

Diageo reports lower than expected sales

Diageo’s overall revenue fell flat in the first half, with the continued slowdown in China, Russia and North America hampering its efforts to return to growth.

Thursday, January 29th, 2015 2 Comments »

Diageo confident as challenges persist

Diageo CEO Ivan Menezes has told investors to expect an improved performance this year, despite the company reporting a 1.5% decline in organic net sales for its first quarter.

Thursday, October 16th, 2014 No Comments »

Menezes eyes long-term game plan

A glitch or a sea-change? That is the question about Diageo’s underwhelming full-year results for the year to 30 June.

Monday, August 4th, 2014 No Comments »

Diageo takes control of United Spirits

Five years after entering initial takeover discussions, Diageo has finally achieved ownership of United Spirits (USL), India’s dominant spirits company.

Monday, June 23rd, 2014 No Comments »

Diageo announces leadership shake up

The chief executive of Diageo has announced a series of leadership changes to build on its success in emerging markets and continue an ambition to dominate the global drinks industry.

Friday, March 28th, 2014 No Comments »

Drinks profits slow as economy recovers

There is a dichotomy between the global economy moving out of recession and companies experiencing slowing profits growth.

Monday, February 3rd, 2014 No Comments »

Diageo sales slowed by ‘weak’ markets

Diageo has reported a slow down in sales caused by weak emerging markets in the final six months of 2013.

Thursday, January 30th, 2014 No Comments »

US is ‘the linchpin’ for Diageo

God Bless America. That could have been the theme tune accompanying the announcement of Diageo’s annual results for the year to the end of June.

Thursday, August 1st, 2013 No Comments »

Diageo profits and sales grow in 2013

Diageo has announced net sales growth of 5% and an operating profit growth of 8% in its preliminary results for the year ending 30 June 2013.

Wednesday, July 31st, 2013 No Comments »

Diageo boss tipped for new chairman role

Paul Walsh, the out-going chief executive of drinks giant Diageo, has been linked with the role of chairman at a FTSE 100 Index company.

Monday, June 17th, 2013 No Comments »

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