Analysis: Diageo's recovery mode in 2021
01 June, 2021
Diageo shareholders were toasting chief executive Ivan Menezes after he said they can expect to receive billions of pounds in share buybacks or special dividends. The Smirnoff, Johnnie Walker and Guinness producer announced that organic profit should grow by at least 14% in the year to 30 June.
Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.
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Nick Strangeway
Bar food's blurred lines
Once upon a time pubs and bars were somewhere you went with the sole purpose of getting pissed and there wasn’t a knife and fork in sight, just a packet of dry roasted nuts.
