Ticker DGE

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Price Pence
As of 19:50 28 Jan 2020
Market cap. Pound sterling
73,535.19 million
As of 19:50 28 Jan 2020

Latest updates

Diageo 'not immune' to global trade policy

diageo logo
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Drinks company Diageo has its annual general meeting later today.

Ivan Menezes, chief executive, says the year has started well and it expects operating profit to grow roughly one percentage point ahead of organic net sales.

"This is consistent with what we are targeting over the medium-term. Due to a strong prior year comparable, for the first half we expect organic operating profit growth to be in-line with or slightly behind organic net sales growth. However, we would not be immune from significant changes to global trade policy and continue to monitor this closely."

Whisky giant sued over 'angel’s share' fungus claims

Glasses of whiskey
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A couple who claim that the "angel's share" from a whisky bond has blighted their property have been given the go-ahead to take the case to court.

Thomas and Gail Chalmers claim that the vapour has caused damage to outdoor furniture and their house in Bonnybridge, near Falkirk.

The couple are suing drinks giant Diageo for £40,000.

The firm is contesting the Court of Session action, claiming the property's value is not adversely affected.