UK: Diageo full year still hit by FOREX

By just-drinks.com editorial team | 8 July 2004

Diageo, the world's largest wine and spirits group, said today that full year results are expected to be in line with those delivered in the first half, when organic volumes grew3% and organic growth of net sales (after deducting excise duties) was 6%. As in the first half, organic growth in marketing investment is expected to be above growth of net sales (after deducting excise duties).

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Diageo, the world's largest wine and spirits group, said today that full year results are expected to be in line with those delivered in the first half, when organic volumes grew3% and organic growth of net sales (after deducting excise duties) was 6%. As in the first half, organic growth in marketing investment is expected to be above growth of net sales (after deducting excise duties).

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