Diageo cheered by emerging markets

Diageo cheered by emerging markets
By Euronews
Share this articleComments
Share this articleClose Button

British drinks maker Diageo’s bottom line is being helped by the increasing popularity of its alcoholic beverages in emerging countries.

The world’s biggest spirits group, whose brands include Johnny Walker whisky, Smirnoff vodka and Guinness beer, has posted better than expected annual results with sales up 15 percent in emerging economies.

For details and investor reaction click on the video link above to watch our Behind Markets report.

Share this articleComments

You might also like

Billions at stake: Chinese property giant Evergrande is facing deepening crisis

Oil prices keep rising, experts foresee $100 a barrel

Cisco buying cybersecurity firm Splunk for $28 billion