Diageo reports small sales increase over 9 months

//Diageo reports small sales increase over 9 months

Diageo reports small sales increase over 9 months

Thursday 17 April 2014 08.09

Diageo - best known in Ireland for its Guinness brand - makes a number of beers and spirits Diageo – best known in Ireland for its Guinness brand – makes a number of beers and spirits

Drinks group Diageo has reported a small increase in sales over the past nine months thanks to strong performance in North and South America.

In a trading statement this morning Diageo, which owns brands including Guinness, Baileys and Smirnoff,  said sales for the nine months to the end of March were up 0.3%. 

That is despite weakness South East Asia, where Diageo says sales have suffered because of political instability in one of its key markets – Thailand.

Fortunes have been improving for the company in this part of the world, however. 

Diageo’s Western Europe sales are down for the nine months as a whole but began to pick up over the past three months.

Keywords: asia, diageo, sales

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RTÉ News – Business Headlines

By | 2014-04-18T20:23:10+00:00 April 18th, 2014|Business|0 Comments