Summary
DRINKS firm Diageo said yesterday the economic hangover had caused a sharp slowdown in sales and slashed full-year forecasts on profit growth.
In a sign that the company, with brands including Guinness and Smirnoff, suffered a difficult festive period, Diageo reported net sales growth was 3% in the six months to the end of December - down from 6% in the first quarter of the period.See the full content of this document
Extract
Diageo Sales Lose Sparkle
Chief executive Paul Walsh, who said he had "confidence in our business"...
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