Diageo's sales rebound

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Diageo's sales rebound

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British alcoholic drinks maker Diageo enjoyed a big sales rebound in the first three months of this year.

The world’s biggest spirits group, beat forecasts with a 12 percent increase in underlying sales.

The maker of Smirnoff vodka, Captain Morgan rum and Guinness said it sees signs of fragile recovery in its mature markets such as North America and a stronger recovery in emerging markets – Latin America, Africa and Asia.