Diageo

Smirnoff Parent To Offload Meta Abo Brewery In Ethiopia

Spirits giant Diageo, the maker of Smirnoff vodka, has agreed to sell its Meta Abo Brewery in Sebeta, Ethiopia, to Castel Group subsidiary BGI.

Diageo Commences Share Buyback Programme

Diageo plc has entered into a non-discretionary agreement with Goldman Sachs International to enable the company to buy back shares with a value of up to &...

Diageo Launches Responsible Drinking Campaign

Diageo has launched a new responsible drinking global campaign – Know When to Stop – designed to make people think about overindulgence over Ch...

Diageo Forecasts 5% To 7% Sales Growth For Financial Period 2023-25

Diageo expects organic sales growth to be between 5% and 7% for the financial period 2023 to 2025, compared with 4% to 6% growth during 2017 to 2019, the w...

Diageo Makes 'Strong Start' To New Financial Year, Says CEO

Drinks giant Diageo has said that its new financial year is off to a 'strong start', forecasting a boost to operating margins as people spend more at resta...

Diageo Opens Its First Carbon-Neutral Distillery In North America

Spirits giant Diageo has opened its first carbon-neutral whiskey distillery in North America in Lebanon, Kentucky. The 72,000 square-foot facility...

Diageo To Set Up Research And Development Centre In Shanghai

Spirits giant Diageo has announced plans to establish a new research and development centre in Shanghai to further its product innovation and development a...

Diageo Invests In Japanese Whiskey Komasa Kanosuke

Diageo has made a minority investment in Japan's Komasa Kanosuke Distillery, a Kagoshima-based producer of ultra-premium single-malt whiskeys, through Dist...