Company
Diageo PLC
LON:DGE
Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits,wine and beer categories.
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Diageo shares cheap even with growth ‘normalising’ reckons Jefferies
Diageo will likely see growth “normalise” in 2023 according to Jefferies analysts, who think the shares are “inexpensive for the quality”
Diageo appoints investment bank to carry out £640mln share buyback
Credit Suisse recently calculated that Diageo had “scope for at least £2bn upside to capital deployment”, ie. more buybacks and M&A, while still cutting debt back to target
Diageo plans to raise stake in East African Breweries to 65%
The alcoholic drinks group said it does not intend to make a takeover offer for EABL
Credit Suisse raises estimates for Diageo amid upside risks to the drinks giant's US business
The Swiss bank's analysts said: "We estimate the US Spirits industry is growing 5-6% in recent months, and DGE is gaining share, led by its over indexation to the fast-growing Tequila category"
Diageo’s sales growth outlook trimmed, ‘overweight’ position upheld by Barclays
British alcoholic drinks company faces near-term headwinds, though US trading remains resilient
Diageo says new year has started well
The alcoholic drinks maker's shares were little moved in early trading
Diageo and Scotch whisky industry to thrive on potential UK and India free-trade agreement - broker
It owns 200 brands, with sales in over 180 countries, including the world’s best-selling Scotch whisky brand Johnnie Walker
Diageo tops sales estimates with 21.4% jump for full year
The world's biggest spirits maker clocked a strong performance in its super-premium brands as consumers traded up to more expensive alcohol types since the beginning of the pandemic
Diageo slapped with 'sell' rating as consumer spending hit expected
The shares are "priced for perfection", which analysts see as unlikely
Is it time to rethink alcohol as a consumer staple?
Whether premium spirit purchases will continue to be viewed as discretionary is up for review
Buy Diageo, Unilever and other 'dividend aristocrats' for highest investment returns, say analysts
Since 2020, dividend aristocrats have outperformed the rest of the market by 20%
Diageo to be hit hard by China lockdowns but long-term story intact, says Credit Suisse
Greater China accounts for 5% of sales, up from 2% in the 2015 financial year, and with management expecting growth to 10% over time
Diageo launches US$2.9bln bond issuance
Diageo last issued bonds in the European market in 2020
Diageo launches new £1.7bn share buyback
Buyback back is part of a phased programme worth £4.5bn i total
US alcohol market could face reform to help new entrants
New merger and acquisition scrutiny, different tax rates and lifting regulatory burdens to new entrants in the wine, beer and spirits market would make the market fairer for new brewers, a Treasury report said
Diageo sales jump as pubs and bars restock after lockdown
The world's biggest spirits maker said net sales grew by 15.8% in the first six months to £8bn
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