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UK: Comment - Diageo: hitting the bottle and cutting out food

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Diageo in North America - Focus

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Diageo has issued a trading update. Its core brands are still doing extremely well, particularly in the pre-mixed drinks category. Its disposals of non-core operations are also looking good. The drinks company looks set to do well over the next year despite the threat of recession, particularly if the Burger King spin-off and the Captain Morgan acquisition go according to plan.


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