Diageo has announced that it has produced its one-billionth bottle of Baileys Irish Cream.

The company said on Friday (30 November) that the Dublin-made bottle was presented by two of Baileys longest serving employees, Denis Minihane and Tony Berigan, to the minister for agriculture, fisheries and food Mary Coughlan.

"This landmark billionth bottle is a recognition of the quality premium brand that Baileys is and that through continuous innovation and marketing Baileys is going from strength to strength," said Coughlan.

Baileys global director of communications, Tommy Kinsella, added: "Baileys is the world's number one cream liqueur, it is rated as the world's number seven spirit brand and recognised as the tenth most powerful drinks brand across the globe. We have ambitious plans to continue to build on the success that the one-billionth bottle represents and grow by developing new market opportunities for our unrivalled premium brand."

In August, the global drinks giant said that operating profit for the 12 months to the end of June increased by 6% year-on-year, reaching GBP2.16bn (US$4.33bn). Net sales in the period were up by 3% GBP7.5bn. Net profit, however, slipped to GBP1.55bn from GBP1.96bn in 2005-2006, as the tax rate between the two periods increased from 8% to 32%.