Lacklustre Q4 drags on Diageo FY sales – results data

Q4 revenues dip 1.1% to US$4.97bn, leaving FY sales up 1.7% to US$20.25bn FY sales growth in four out of five regions, but ‘Asia Pacific’ down 3.2% Don Julio and Guinness standout performers, but several key brands decline Diageo shuffles key brands pack, axeing Cîroc, Ketel One, Tanqueray and malts Company says cost savings will now total US$625m over next three years A fourth-quarter sales dip left Diageo to record a 1.7% revenue increase in the year to the end of June, as the Johnnie Walker owner battled continued challenging trading conditions in a number of regions. While the full-ye