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Monday 27 February 2017 loc: GB

Ivan Menezes

Diageo could be forced to buy remaining shares in USL

India’s Securities and Exchange Board (Sebi) could force Diageo to buy the 44% of the shares it does not own in United Spirits Limited (USL).

Tuesday, February 7th, 2017 No Comments »

Diageo receiving ‘tremendous’ support from May

Ivan Menezes, chief executive of drinks giant Diageo, has revealed the company is getting “tremendous support” from Prime Minister Theresa May in the wake of Brexit.

Thursday, January 26th, 2017 No Comments »

Brexit ‘not a big deal for us’ says Diageo chief

Brexit “is not a big deal” for Diageo, according to its chief executive, who believes there will be benefits if the transition is approached in the right way.

Friday, July 29th, 2016 No Comments »

Diageo misses the mark in all markets

Diageo has fallen below analysts’ revenue estimates in every region this quarter, as overall sales dropped unexpectedly.

Thursday, April 16th, 2015 No Comments »

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 »

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