UK: Spirits bolster Diageo as Burger King profits slump
By just-drinks.com editorial team | 21 February 2002
UK-based drinks and food giant, Diageo, reported pre-tax profits of £1.228 billion for the six months to the end of December, a marginal improvement on the £1.189 billion last year, in line with analysts' forecasts. The first half results were hit by a 29% fall in earnings at the group's fast food business, Burger King, but the spirits division performed strongly, Diageo said.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
UK-based drinks and food giant, Diageo, reported pre-tax profits of £1.228 billion for the six months to the end of December, a marginal improvement on the £1.189 billion last year, in line with analysts' forecasts. The first half results were hit by a 29% fall in earnings at the group's fast food business, Burger King, but the spirits division performed strongly, Diageo said.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
UK: Diageo completes another share buyback
Diageo has completed another share buyback transaction.
US: Diageo unveils Tanqueray marketing plan
Diageo is to launch a national advertising campaign for its gin band Tanqueray in the US.
S KOREA: Whiskey sales continue downturn in Q1
Whiskey sales in South Korea took another mauling in the first quarter of this year, according to industry sources.
